QuickTake: Hugo Chavez Heir Tested

The video discusses Venezuela's economic and political turmoil, highlighting the impact of declining oil revenues, high inflation, and corruption on the country's stability. It covers the opposition's control of the National Assembly and their efforts to recall President Nicolás Maduro. The economic crisis, marked by a shrinking GDP and hyperinflation, has led to shortages of basic goods. The video also provides historical context on Hugo Chavez's presidency and the nationalization policies that shaped Venezuela's economy. Finally, it presents the debate over Maduro's leadership, with critics calling for his removal and supporters defending his position.

What has been a major factor in Venezuela's influence abroad and support at home?

• High inflation rates

• Subsidized oil

• Corruption allegations

• Widespread crime

What significant political change occurred in Venezuela in December?

• The National Assembly was dissolved

• The President was recalled

• A new constitution was adopted

• The opposition gained control of the National Assembly

What percentage of Venezuela's foreign currency earnings comes from oil?

• 100%

• 75%

• 95%

• 50%

Who was elected president of Venezuela in 1998?

• Hugo Chavez

• Juan Guaidó

• Nicolás Maduro

• Rafael Caldera

What is a criticism faced by Nicolás Maduro according to his critics?

• He has improved the economy

• He has unified the opposition

• He has strengthened ties with the US

• He has mismanaged the country