Venezuela: Oil Builds A Nation

Duration: 17

Genre: Educational

Creator: Encyclopedia Britanica Films

Format: 16mm

Color: Color

Sound: sound

Description: Portrays the rapid growth, industrialization and wealth of Venezuela, with emphasis upon the importance of the vast oil resources recently discovered. Studies the problems that this rapid growth has caused. Examines future of Latin America's first modern , Explores Venezuela's potential for becoming a modern industrial nation, focusing on the discovery of oil in the 1920s, which catapulted the country from a poor, agricultural land to one of the fastest developing nations in Latin America. Explains that, before the discovery of oil, Venezuela's social structure consisted of a rich, landed aristocracy and the very poor. Notes that, with the development of the oil fields, increased employment opportunities and higher standards of living have led to the establishment of a middle class. Recognizes that many problems still exist, most notably the large number of poor and unemployed, and indicates that the Venezuelan government is planning on using the taxes from oil fields to develop the mineral-rich Guyana region to help alleviate this problem.

Complete Record: Portrays the rapid growth, industrialization and wealth of Venezuela, with emphasis upon the importance of the vast oil resources recently discovered. Studies the problems that this rapid growth has caused. Examines future of Latin America's first modern , Explores Venezuela's potential for becoming a modern industrial nation, focusing on the discovery of oil in the 1920s, which catapulted the country from a poor, agricultural land to one of the fastest developing nations in Latin America. Explains that, before the discovery of oil, Venezuela's social structure consisted of a rich, landed aristocracy and the very poor. Notes that, with the development of the oil fields, increased employment opportunities and higher standards of living have led to the establishment of a middle class. Recognizes that many problems still exist, most notably the large number of poor and unemployed, and indicates that the Venezuelan government is planning on using the taxes from oil fields to develop the mineral-rich Guyana region to help alleviate this problem.NOTE: Two (or more) records have been merged together to create this data.