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Why did Venezuela experience such a great economic success?

And help on the rest of the questions plzz! Need to turn in 10 minutes plz Why did Venezuela experience such a great economic success? class=

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grpowell301

Back in the 1970s, Venezuela had great economic success because of its success with oil. Venezuela's petroleum reserves are recognized as the largest in the world. By the end of 2019, BP's review of world energy estimated the country had 303 million barrels of oil.

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