VOICED : Venezuela: El drama de los anaqueles vacios

The video discusses the severe shortages of food and medicine in Caracas amidst hyperinflation and protests. It highlights the government's price control measures and the CLAP program aimed at distributing subsidized food. The impact of currency control on the economy, leading to a thriving black market, is also covered. The IMF's projection of a 2,350% inflation rate for 2018 is mentioned.

What was the government's response to the food shortage in Caracas?

• They introduced food rationing.

• They increased food imports.

• They banned food exports.

• They lowered supermarket prices.

What is the main goal of the CLAP program initiated by President Maduro?

• To increase food production locally.

• To provide subsidized food directly to families.

• To reduce food prices in supermarkets.

• To export surplus food to neighboring countries.

What economic issue do businesses face due to the government's currency control?

• Lack of government subsidies.

• High taxes on imported goods.

• Difficulty in accessing foreign currency.

• Increased competition from foreign companies.

Why do many people resort to the black market for goods?

• It offers a wider variety of products.

• It provides better quality goods.

• It is the only option due to currency control.

• It is the only place to find affordable prices.

What inflation rate did the IMF project for Venezuela in 2018?

• 1,000%

• 2,350%

• 500%

• 3,000%