Economy 

Venezuela was once the richest nation in South America. It has since suffered a huge drop in its economy, shrinking by 80%. Venezuela's GDP was low in 2024 at $3,870, which is below the global average. Venezuela relies on its major exports and imports. Some major exports include oil, minerals, chemicals, and seafood. Venazuelas' main imports are Food, Fuel, Equipment, Medical Supplies, and consumer goods. The companies in Venezuela help out the economy too. Some major companies in Venezuela are MercadoLibre Venezuela, Linio Venezuela, and Traki. These were all Commerce & Retail stores in venezuela. Some Delivery companies include Yummy, Zoom Internacional Services, and Tealca Companies help the venezuela economy greatly. Some examples of how they help the economy are with employment and services. Some major industries in Venezuela are oil and gas mining companies and food processing. Manufacturing and industry banking and finance technology. Venezuela's economic systems are state-controlled. Venezuela is a social and state economy that depends on oil. Venezuela has a lot of poverty, reaching 82.4% of the population without a house. Over 50.5% of the population are in extreme poverty which means that they don't have the basic essentials. Venezuela was once the richest nation in South America but now it is one of the poorest countries almost not being able to reach the essentials necessities.