Venezuela Progress and Govt Decisions Flashcards
Under what president was the population promised what
Hugo Chávez
Healthcare, education - received and became reliant
% of GDP does crude oil make up
86%
Price of oil dropped from what to what
$150 in 2008 and is now $45
What do citizens do everyday as a result of the collapse of healthcare and education
Riot in the streets against the government and have done since 2014 against the government’s corruption and scarcity of basic goods
Leaders are corrupt how
Involved in international drug trafficking
Increases in maternal mortality and infant mortality
65%/30% in 2016
How much money does the government spend on healthcare
5% of GDP in 2014 compared to 17% by U.K. in 2016
What caused scarcity of basic goods
State-imposed price imposed by Chávez socialist govt controls meant businesses were producing goods at a loss as less revenue