Search results
Results from the WOW.Com Content Network
The hotel was renamed Hotel Alba Caracas, after the ALBA, Hugo Chávez's "Bolivarian Alliance for the Peoples of Our America" and was revamped as a "socialist" hotel. [2] On April 15, 2010, it was placed under the management of the state-run Venetur group.
Since 2 February 1999, Venezuela has seen sweeping and radical shifts in social policy, moving away from the last government's officially embracing a free-market economy and liberalization reform principles and towards income redistribution and social welfare programs.
In 1970, Venezuela had been one of the 20 wealthiest countries in the world measured by gross domestic product (GDP) per capita; Pérez turned the country "into a socialist nightmare of price ...
The Bolivarian Revolution is an ongoing political process in Venezuela that was started by Venezuelan President Hugo Chávez, the founder of the Fifth Republic Movement and later the United Socialist Party of Venezuela (PSUV), and his successor Nicolás Maduro.
This category is for articles which deal with the political concept of socialism in the various countries on the continent of South America. Subcategories This category has the following 18 subcategories, out of 18 total.
Socialism portal The main article for this category is Socialism in Venezuela . Socialism is an economic system characterised by social ownership and control of the means of production and cooperative management of the economy, and a political philosophy advocating such a system.
He heads Venezuela's ruling Socialist Party. His policy prescriptions are in line with socialism: His government has instituted price controls , seized assets from private companies, and ...
Shortly after this, the oil boom of the 1920s meant Venezuela became the wealthiest state in Latin America. [1] Investment and oil exports increased tremendously during the period from 1920 to 1935. The share of oil exports on total exports in Venezuela increased from 1.9% to 91.2% this period due to the commercialisation of Venezuelan oil.