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Factors Leading to Venezuela’s Economic Crisis

Which two factors have led to the economic crisis in Venezuela?
A) biodiversity
B) colonization
C) climate change
D) political unrest
E) falling oil prices




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  1. The two factors that have led to the economic crisis in Venezuela are D) political unrest and E) falling oil prices.

    Explanation:

    1. Political Unrest: Venezuela has experienced significant political instability, with social unrest, protests, and governmental challenges leading to a breakdown in governance and economic management.

    2. Falling Oil Prices: As an oil-dependent economy, Venezuela has suffered greatly from declining oil prices since oil is the primary source of revenue. This has severely affected the country’s income and ability to import goods, leading to economic collapse.

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