Why Venezuela Is So Poor Despite Having So Much Oil
Interactive Video
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Geography, Science, Business, Social Studies, Engineering
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10th Grade - University
•
Hard
Wayground Content
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for Venezuela's economic struggles despite its vast oil reserves?
High levels of tourism
Strong agricultural sector
Over-reliance on oil
Lack of natural resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which indigenous civilization was mentioned as being present in Venezuela before European colonization?
Inca
Aztec
Tomodo Quika
Maya
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was the key figure in Venezuela's fight for independence?
Juan Guaido
Nicolas Maduro
Simon Bolivar
Hugo Chavez
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the name of the federation formed after Venezuela's independence?
United States of South America
Latin American Union
Grand Colombia
Andean Federation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which decade did Venezuela become one of the largest oil exporters in the world?
1940s
1920s
1950s
1930s
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the name of the state-owned company established to manage Venezuela's oil industry?
Venezuelan Oil Authority
Petroleos de Venezuela
Venezuela Oil Corp
Oil and Gas Venezuela
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic effect did Venezuela experience due to its reliance on oil?
Dutch Disease
Spanish Flu
American Dream
British Invasion
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