An introduction to the third world nation of venezuela

It measures the average achievements in a country in three basic dimensions of human development: Life expectancy at birth in years ; 2. Education Index EI Mean years of schooling in yearsand Expected years of schooling in yearsand 3. Below is the list of countries with a "Low Human Development".

An introduction to the third world nation of venezuela

In fact, due to it's uniqueness, Venezuela is as much a Caribbean country as it is a South American one. The country is just oversquare kilometers, divided into 23 states. The area includes stretches of the Andes Mountains, huge areas of Amazonian rain forest, fertile plains, miles of Caribbean shoreline and even a small desert.

The nation also has two geographical superlatives, the world's highest waterfall and South America's biggest lake. Because of its proximity to the Equator, Venezuela experiences few climatic variations, just two seasons, dry [December to April] and wet [May to November] and an average temperature of 27C.

Whatever economic development has occurred in Venezuela, is largely due to the enormous natural resources of oil. The country was the world's third largest exporter of oil, its ninth largest producer of oil, and accounted for more oil reserves than any other nation in the Western Hemisphere.

An introduction to the third world nation of venezuela

The national petroleum company, Venezuelan Petroleum Corporation was also the third largest international conglomerate. In the Organization of Oil producing countries succeeded in raising the price of oil drastically, a major boost to the economy.

If you meet a business traveler in Venezuela, there's a good chance they work in the petroleum industry. Because of its immense mineral wealth, Venezuela in was poised to become an international leader in the export of coal, iron, steel, and aluminum.

Although the petroleum industry has dominated the Venezuelan economy since the s, aluminum, steel, and petrochemicals are catching up. As long as there is a class system separating the rich from the poor and unstable government, and a high birth rate, the oil reserves cannot take the country out of it's third world grouping with South America.

Although corrupt politicians and drug cartels can taint tourism, the"Third World" are all the other countries, today often used to roughly describe the developing countries of Africa, Asia and Latin America. The term Third World includes . Legal immigration from the third world and Islamic nations has skyrocketed the most since , a new analysis finds.

Census Bureau data analyzed by researchers at the Center for Immigration Studies reveals that America has greatly increased immigration from the third world and Islamic regions within the last seven years.

During the Cold War, the Third World referred to the developing countries of Asia, Africa, and Latin America, the nations not aligned with either the First World or the Second World. [1] [2] [3] This usage has become relatively rare due to the ending of the Cold War.

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Venezuela is one of five nations in the world—along with Russia, Nicaragua, Nauru, and Syria —to have recognized the independence of Abkhazia and South Ossetia. The term Third World was originally coined in times of the Cold War to distinguish those nations that are neither aligned with the West (NATO) nor with the East, the Communist bloc.

Today the term is often used to describe the developing countries of Africa, Asia, Latin America and Oceania. "Third World" are all the other countries, today often used to roughly describe the developing countries of Africa, Asia and Latin America.

The term Third World includes as well capitalist (e.g., Venezuela) and communist (e.g., North Korea) countries, as very rich (e.g., .

The Third World Nation of Venezuela - Essay