Venezuela VP Says Economic Reforms 'Defend' Socialism
Interactive Video
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Business, Social Studies
•
University
•
Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the main outcomes of eliminating exchange rate control in Venezuela?
Increased corruption
Decreased foreign investment
A real market price for foreign currency
Higher inflation rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the streamlining of the gasoline subsidy benefit Venezuelan citizens?
By increasing gasoline prices
By reducing the availability of gasoline
By incorporating technological platforms for protection
By eliminating subsidies altogether
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a unique feature of gasoline prices in Venezuela as mentioned in the video?
They are subsidized by international organizations
They are the highest in the world
They are lower than anywhere else in the world
They fluctuate daily based on market demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the model of Bolivarian socialism emphasize according to the video?
Reduction of government intervention
Capitalist market principles
Social justice and inclusion
Economic liberalization
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of the reforms discussed in the video?
To privatize state-owned enterprises
To protect and defend the socialist system
To increase foreign investments
To liberalize the economy
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