Economy of Venezuela Economy of Venezuela The Confederación de Trabajadores de Venezuela (CTV, English: Confederation of Workers of Venezuela) is a federation of labor unions in Venezuela. CTV is the major trade union body in the country. It has close links to the Acción Democrática party. CTV is generally identified as the leading union body in the country. CTV is has been accused of being corrupt and tied to the old political elite. ...more on Wikipedia about "Confederación de Trabajadores de Venezuela"
Although a manufacturing sector producing consumer goods exists, the economy of Venezuela is still based on oil. Since 1950s to the beginning of 1980s the Venezuelan economy was one of the strongest in South America. This continuous growth during that period attracted many immigrants. Since the collapse of the oil price in mid 1980s the economy has mainly contracted. The positive sign of the economy has been a balance of payments surplus due to the strong oil export. ...more on Wikipedia about "Economy of Venezuela"
The National Workers' Union of Venezuela ( Spanish: Unión Nacional de Trabajadores de Venezuela, UNT) is a federation of labor unions in Venezuela that was founded in 2003. This union was created by supporters of Venezuelan president Hugo Chávez to challenge the Workers' Confederation of Venezuela (CTV), an anti-Chávez union federation that has strong ties with the centrist Democratic Action (AD). Some unions have disaffiliated from the CTV and joined with the UNT. ...more on Wikipedia about "Unión Nacional de Trabajadores"
The bolívar ( ISO currency code: VEB; locally abbreviated as Bs.) is the currency of Venezuela. It is nominally subdivided into 100 céntimos, although coins denominated in céntimos no longer circulate. ...more on Wikipedia about "Venezuelan bolívar"
This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia . Direct links to the original articles are in the text.
If you use exact copy or modified of this article you should preserve above paragraph and put also : It uses material from
the Shortopedia article about "Economy of Venezuela".
| MAIN PAGE | MAIN INDEX | CONTACT US |