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Period: to
Timespan of Venezuelan Crisis
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Birth of Hugo Chavez
Hugo Chavez was the president of Venezuela and a big reason as to why the nation is in the state it is. His ideology is know now as Chavismo -
Chavez Becomes President
In 1999 Hugo Chavez took office and at first was seen as a great leader. This quickly changed because he oversaw a new constitution that gave him control over all branches of government. -
Venezuelans Begin to Riot
In 2002, Hugo's approval rating had fallen over 30% and people began to want him out. Because of the peoples frustrations, marches began for his resignation. Chavez easily just got the protestors arrested and that was that. -
Chavez Causes division
Because of the total control that Hugo Chavez has, Venezuelans became divided and separated. Because of this division the state of the nation began to worsen and worsen. -
Hugo Chavez Dies
In march of 2013, Hugo Chavez died ending his 14 year rule on Venezuela and ended his reign of "21st Century Socialism". -
Maduro Wins Presidency
Nicolas Maduro became the next president in Venezuela in a controversial election. Many thought the election was rigged and people upsets took it to the streets causing more rioting. -
Inflation rises
In 2015, the Venezuelan economy began to fall as oil prices collapsed and inflation rises. Money kept becoming more worthless and began to hurt the economy badly. -
More Protesting
After the supreme court announces that it will take over all functions of the National Assembly the nation protested for months against the government. The conflict left more than 100 dead. -
US Puts on Sanctions
The US put sanctions on Venezuela and their oil company, thisi cuts off the main source of venezuelan revenue and puts pressure on Maduro. -
Venezuela and Germany
Venezuela today can relate to Germany in the 1920's by the state of the nation. Today people there live in an inflated economy and all money is worthless just like Germany
