What extremely lucrative industry allowed Hugo Chavez to reform Venezuela?
A) coffee
B) defense
C) oil
D) import/export

Question

Quizplus · Accepted Answer

Oil is the correct answer as it is one of the major sources of income for Venezuela and played a significant role in funding Chavez's social and economic reforms. The country has one of the largest oil reserves in the world, and the revenue generated from it enabled Chavez to implement policies aimed at reducing poverty, improving healthcare and education, and redistributing wealth.

What Extremely Lucrative Industry Allowed Hugo Chavez to Reform Venezuela