We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

NATIONAL LIBERATION, INTERNAL STRIFE AND INTERNATIONAL MACHINERY - Essay Example

Comments (0)
Summary
Just after World War II came to close in 1945, Venezuela started experiencing a steady increase in its oil production. However, there…
Download full paper
GRAB THE BEST PAPER
NATIONAL LIBERATION, INTERNAL STRIFE AND INTERNATIONAL MACHINERY
Read TextPreview

Extract of sample
NATIONAL LIBERATION, INTERNAL STRIFE AND INTERNATIONAL MACHINERY

Download file to see previous pages... The oil industry went ahead to create an industrial proletariat, but the numbers remained quite low in the capital-intensive industry. When oil workers made demands on their flushed proprietor, they did not earn any redress. The foreign management recycled prejudices that did not respond to the workers aspirations. W. T. Wallace, who was the vice president of Venezuela Gulf at that time, felt that taking care of these workers did not matter much, and there was no need for listening to their demands.
In the 1950s, the country’s oil production doubled. Between 1948 and 1957, the oil industry managed to earn the government $7 billion in terms of revenues (Prashad 177). This amount was the highest compared to the previous public revenues ever since the country became colonized by Spain. This money gained from revenues and the enormous capital from foreign investment flooded the country. It was used in the construction boom at the Caracas city. Freeways circled the valley, enclosing European-style apartment buildings and enormous shopping arcades which included the world’s most profitable branch of Roebuck and Sears (Prashad 178).
Between 1952 to1958, Venezuela’s dictator Marcos Perez used the revenues gained from the oil industry for reconstructing urban Venezuela. The rich created a paradise Caracas valley while an enormous migration began to settle on the hillsides. These were not oil workers, which in most cases lived in company housing near the oil field to the west of the country. The migrants came in response to the great social upheaval in Venezuela, caused in large part by the rapid economic growth which resulted from the steady growth in oil profits. The country experienced an enormous increase in its gross national product that hit 95 percent, and this was a great boost for the construction trade and the service industry for the wealthy (Prashad 178). From 1950 to 1965, the country experienced an ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Liberation
It also declared the colonies intention to secede from the British commonwealth. In addition to what it accomplished at the time, the Declaration of Independence has become one of the most influential documents in all of history. Many other countries and organizations have attempted to create documents with similar structures of language and tone.
4 Pages(1000 words)Essay
FRANCE RECOVERY FROM THE MILITARY DEFEAT OF 1870 AND THE INTERNAL STRIFE OF THE PARIS COMMUNE
As already mentioned, these challenges included short- lived governments, corruptions and scandals, and political extremism among others. However, it is nearly undisputable that the French people overcame these challenges and were able to continue identifying with the French state.
6 Pages(1500 words)Essay
German Machinery Development
According to the research study German produces advanced machinery and has for a long time enjoyed a reputation for industrial excellence and success in exportation. Germany machinery development can be attributed to its industrial success and the various forms of inter firm collaboration between SMEs.
6 Pages(1500 words)Essay
Internal assessment for International bacculaureate
"Financial ratios, discriminant analysis and the prediction of corporate bankruptcy." The journal of finance 23.4 (2012): 589-609. Chadwell-Hatfield, Patricia, et al. "Financial criteria, capital budgeting techniques, and risk analysis of manufacturing firms." Journal of Applied Business Research (JABR) 13.1 (2011): 95-104.
6 Pages(1500 words)Essay
International Legal Aspects of Iraq's Sustainable Development
raq 37 Conclusion 44 Bibliography 49 Introduction Iraq has one of the world’s largest proven oil and gas reserves. Current estimates of proven oil reserves suggest a potential of 115 billion barrels of crude oil which makes Iraq the world’s third largest oil rich country.
32 Pages(8000 words)Dissertation
Owens Precision Machinery
Case Study [The name of the writer will appear here] [The name of the writer id will appear here] [The name of the course will appear here] [The name of the course number will appear here] Executive Summary In this paper, the case of Owen’s Precision Machinery would be discussed.
24 Pages(6000 words)Essay
International/national security law
In addition, with citizens carrying arms, the threat in opposition to law enforcement may amount to an issue. Because of the many debates in full force, legislations and laws on gun control have been put into operation in
6 Pages(1500 words)Essay
Packaging Machinery
A packaging element means any particular part of a container finality system. usual apparatus is containers, for example, bottles, vials, ampules, bottle liners such as tube liners, closures such
4 Pages(1000 words)Essay
The Organization: National Liberation Army (ELN) date designated: 10/8/1997
The ELN started out as an advocacy group for the poor and ended up being a security threat in Columbia and the neighboring states. Approximately 2000 armed combatants form part of the ELN (Refworld, 2014). This paper will
6 Pages(1500 words)Essay
National and International Oil Companies

The author states that effective management of the interests of the different merging parties should be actually studied to avoid chances of complications and strategy misalignment. Most importantly, the different interests of the partnering parties must be met so as to avoid interferences with the smooth running of the project.

12 Pages(3000 words)Essay
Let us find you another Essay on topic NATIONAL LIBERATION, INTERNAL STRIFE AND INTERNATIONAL MACHINERY for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us