{"page":"\n\n
\n
\n
\n
\n
\n\nVideo\n
\n

\nWhy Venezuela Is So Poor Despite Having So Much Oil\n

\n
\n
\nGet Free Access for 10 Days!\n
\n
\n
\n
\n
\n
×
\n\n\n
\n\nPublisher:\n\nCurated Video\n\n\n
\n
\nVenezuela has the largest deposits of oil in the world. More than Saudi Arabia, more than Iraq, more than Canada. Despite this, the country has been in economic free-fall for the last few years. And its production of oil has dropped from...\nVenezuela has the largest deposits of oil in the world. More than Saudi Arabia, more than Iraq, more than Canada. Despite this, the country has been in economic free-fall for the last few years. And its production of oil has dropped from about 3.5 million barrels per day to less than 600,000. Here's why Venezuela is so economically poor despite having so much oil.\n
\n
\n\n
\n
\n
\n
\n

Resource Details

\n
\n
\n
\n
Curator Rating
\n
\n
\n
\n
\n
\n
Educator Rating
Not yet Rated
\n
\n
\n
\n
\n
Media Length
\n
10:10
\n
\n
\n
\n
\n
Grade
9th - Higher Ed
\n
\n
\n
\n
\n
Subjects
Science
10 more...
\n
\n
\n
\n
\n
Media Type
Instructional Videos
\n
\n
\n
\n
\n
Source:
\n
\nGeography By Geoff\n\n
\n
\n
\n
\n
\n
Date
\n
2023
\n
\n
\n
\n
\n\n
Language
English
\n
\n
\n
\n
\n
Audiences
For Teacher Use
2 more...
\n
\n
\n
\n
\n
Usage Permissions
Fine Print: Educational Use
\n
\n
\n
\n
\n
\n

Additional Materials

\n
\n\nSign in or Join Now
\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
\n
\n\nSign in or Join Now
\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
\n
\n
\n

Concepts

\n
\n
venezuela, saudi arabia, south america, countries, spain, economy, time, iran, iraq, mexico, oil
\n
\n\n\n
\n
\n
\n
\n

Additional Tags

\n
\n
geography by geoff, geography facts, geography now, geography quiz, geography youtube, how much oil does venezuela have, is venezuela rich, real life lore, venezuela economy, venezuela inflation, why are people leaving venezuela, why does venezuela have so much oil, why is venezuela so poor, why is venezuela so poor if it has so much oil, why is venezuela socialist, youtube videos about geography, united states, vast amounts, european powers, middle east, oil industry, grand colombia, wealthiest countries, colony, marked, long, world, country, fact, life, discovery, home, region, number, initially, based
\n
\n\n\n
\n
\n
\n
\n

Classroom Considerations

\n
Video is ad-free
\n
\n
\n

Educator Ratings

\n
\n
\n
\n
\n
\n\nShow resource details\n
\n
\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Why Venezuela Is So Poor Despite Having So Much Oil\" href=\"/subscription/new\">\"Why\n\n
\n
\n
\n\n\n\n"}