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What is Venezuela about?

The document contrasts the agricultural economy of Venezuela with its oil economy. Originally, the economy depended on agriculture and livestock, with coffee and cocoa exports as the main sources of income. However, with the discovery of oil, oil exports grew rapidly, replacing coffee as the main export product by 1925. This led to the economy shifting its base from agriculture to the production and export of oil, and the population moved.

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ScribdTranslations

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EN