Venezuela Economic Resource Overview
Translated by
ScribdTranslationsVenezuela Economic Resource Overview
Translated by
ScribdTranslationsBolivarian Republic of Venezuela
Ministry of Popular Power for University Education
Polytechnic University of the Portuguesa State
Juan de Jesús Montilla
Acarigua-Portuguesa
Economic Map of Venezuela
TEACHER: MEMBERS:
Maria Acosta Emelys Malvacia Nilia Mosquera
Gledys Madroñero Paola Nelo
Luigi Caggia Yenireth González
Marilin Colmenares Yessica Mesa
Juan Bustillos Katiuska Pietri
Section 4.02
Acarigua 11/11/2014
ECONOMY OF VENEZUELA
Economic activities are those that allow the generation of wealth.
within a community (city, region, country) through extraction, transformation and
distribution of natural resources or some service; aiming for the
satisfaction of human needs.
The productive or economic sectors are the different branches or divisions of activity
economic, addressing the type of process being developed. Three main ones are distinguished.
sectors called primary, secondary, and tertiary.
The primary sector: Agricultural Sector, Livestock Sector, Fishing Sector, Forestry Sector,
Beekeeping Sector, Aquaculture Sector.
Secondary sector: It is composed of the industrial, mining, energy, and.
construction. Basically, the secondary sector includes construction. It encompasses all the
economic activities of a country related to industrial transformation of
food and other types of goods or merchandise.
Tertiary sector: It includes service activities. Essentially, they have
what to see with the distribution of products, transportation, education, healthcare, the
communications, tourism, management, among others.
Venezuelan economy: The Venezuelan economy is primarily based on exploitation
from oil and its derivatives. In recent decades, it tends to diversify with
exports of iron ore, aluminum, coal and cement, and non-products
traditional ones such as petrochemical materials, steel metal manufactures, and others. Until
At the beginning of the 1980s, Venezuela enjoyed a high oil revenue from sources
external, which allowed the State to consistently increase its spending without raising taxation
internal, enjoying the population of a high standard of living with a notable improvement in the
public health and education services.
Theprimary activitiesfrom Venezuela are mainly concentrated in the activity
oil industry, it is in this that the development of the Venezuelan economy has been sustained. The
the most common minerals are iron, coal, aluminum, gold, and common salt, while
that the main agricultural products are coffee, cocoa, rice, corn, tobacco, and the
sugar cane. In livestock production, the breeding of cattle, pigs, and
poultry
In thesecondary activitiesthe construction, textiles, brewing, the
food processing, the production of automobile parts, chemicals and pharmaceuticals,
energy production. The role of the steel industries is also important
petrochemicals.
Thetertiary activitiesthey are mainly based on the production ofservices
central government but the financial sector is also of great importance, the
real estate services, communications, and transportation.
Economic Map of Colombia
The Colombian economy is fundamentally based on the production of primary goods.
for export (14.9%), and in the production of consumer goods for the market
internal (8.4%). One of the most traditional economic activities is coffee cultivation.
being one of the largest global exporters of this product; it has been part
the central part of Colombia's economy since the early 20th century and has earned it
international recognition thanks to the quality of the grain.
Oil production is one of the most important on the continent with around one
million barrels per day in 2012, making Colombia the fourth largest producer of
Latin America and the sixth of the entire continent. Regarding minerals, it is worth highlighting the
coal exploitation, which reached 85 million tons in 201124, and the
production and export of gold, emeralds, sapphires, and diamonds.
In agriculture, floriculture and banana cultivation play an important role, and in the
The industrial sector highlights textiles, the automotive industry, chemicals, and industry.
petrochemical petrochemical.
ECONOMIC MAP OF BRAZIL
Brazil is the sixth largest economy in the world; Brazil has abundant resources.
natural resources and its economy is relatively diversified, great power
Agricultural, Brazil is the world's largest producer of coffee, sugar cane,
oranges, and one of the first producers of soy. The country attracts a large
number of multinational companies in the agri-food industry and of the
biofuels. It is also a large industrial country.
Economic Map of Mexico
Mexico is a developing country whose economy is based on mining and
agriculture, the remittances of Mexican emigrants working abroad, tourism
and in an intensive industrial and tourist activity.
Industrial activity is one of the most important in the country as it employs the fourth
national economically active population; among the main Mexican industries
the automotive, cement, steel, textile, chemical, and beverage industries among others are highlighted.
The mining extraction industry, mainly of silver since Mexico is the
main producer of silver in the world, is another of its main economic activities.
While in the field, the main crops are corn and beans, as these are the
the basis of the Mexican diet. Other notable products are coffee, potato,
tomato, banana, sorghum, sugarcane, etc.
Economic Map of Argentina
Argentina is one of the largest economies in Latin America. The Argentine economy
is characterized by its valuable natural resources, which make the country one of the
main food producers, alongside agriculture and cattle ranching. The
Argentina is one of the largest meat exporters in the world and the leading producer.
sunflower world, yerba mate, lemons, and soybean oil; as well as the production of the
fishing, mining, livestock various activities that make Argentina stable.