Block 3 Spanish 1 Sr. Colley Espana

Amerindians first live in the region of present day Venezula

The spanish throne sells control of the venezula coast to a group of german bankers

On December 21, the period of venezula's first republic begins after its constitution is ratified

Simon bolivar is proclaimed " the liberator" & given total power during the beginning of the second republic

Venezula becomes the worlds third - largest exprter of coffee.

The discovery of vast qualities of oil opens the door for venezula to become an important player in the world markets

Venezula is the worlds leading exprter of oil & is second in total petroleum production

Venezula becomes a founding member of the Organizations of Petroleum Exporting Countries

Venezula signal their impaitence with the governments inablity to restor order && national pride by electing a fierce populist, Hugo Chavez

12 people are killed in anti- chavez protest; chavez is arrested by the military but reinstated 2days later. A national strike cripples the nationals economy