The Economic Conditions in Venezuela

The tyranny in Venezuela has come to an end. The closure of Nicolas Maduro’s rule has brought the attention of the international community to the varying conditions that Venezuela was besmirched in. The corruption of Nicolas Maduro had led to severe stress in social and economic conditions of the Venezuelan people. The life that a South American nation had was made less than it could have been. Venezuela suffered under Maduro, and the conditions that prevailed were not satisfactory for living. Most nations should have social and economic aims that they must try to achieve. The new government must give a life of decency to their populace, and give them the economic opportunities to live and work in safety. Venezuela, even though bestowed with natural resources didn’t have the leadership to work with others, and use the resources for the betterment of their people and the nation that they were part of. They were made to suffer and the violence that cartels brought to their lives made their life and its wistful days unbearable. The recent political change that has been witnessed has given them a new opportunity to work and live in unison of politics. The new politics that Venezuela has should be used for improvement of social and economic conditions. The new government, once fully in place, must work with the international community, including the United States of America, to improve the living conditions of Venezuelan people.

The economic conditions must be emphasized and more effort must be put in making their conditions better. The life under a dictator wasn’t wholeheartedly lived and the political tyranny that they suffered under made them tired and socially anxious. The politics that they wanted to prove to the world was astoundingly manipulative by a dictator at the helm of its political affairs. The lives of people should matter, and more effort is required to uplift them out of poverty. After political stability, the attention must go on to the economic conditions. Economic laws must be made that support a market economy. The free market and competition would equip the Venezuelan people to live in safety and with aims of productivity. Human endeavour must be used to alleviate them out of poor conditions that they live in. The market economy and a good government must be considered a panacea for the social ills that they suffer. The new economic laws would give them the freedom that they need to do business, and allow them to trade with each other. The freedom of the market would bring individual rights that they must have to protect their individual interests. A good government should provide them basic necessities of living. The life under a dictator has come to an end, and a conventional life of benevolence and productivity should give them the strength that they require to build their economy. Economies are salient in a society, as it provides the populace a life of productivity. Economic conditions should be regarded as a chief factor that must be considered. A high rate of employment, a good basic salary and better conditions of living for all the citizens should be made a near aim for Venezuela.

Yuvraj Saharan

Capital Report