The Tragedy of Venezuela: Managing Markets into Economic Decline through Political/Economic Ideology

Please use the title above for your essay. In your 6-7 page essay, use the following bold headers for each section to frame your discussion.

1. The Current Economic State of Venezuela. ---Abstract 1/2 page abstract
2. A Brief History of the Reign of Romulo Betancourt.
3. A Brief History of the Reign of President Carlos Perez. Include the role he played in the 1989 International Monetary Fund (IMF) bailout play in Venezuela’s history?
4. The Enormous Role that Hugo Chavez. Include the role he played in the political/economic affairs of Venezuela.
5. The Transition of Power to Nicolas Maduro.
6. The Economic and Marketing Impact on Venezuela during Maduro’s Reign.
   Be sure to include the different aspects of Venezuela’s tragic decline such as hyperinflation, health care system decline, lack of food, increase in crime rates, Venezuela’s refugee problem, educational system decline, and the deterioration of Venezuela’s infrastructure.
7. The Power Struggle between Nicolas Maduro and Juan Guaido.
8. The Impact of Coronavirus in Venezuela.
9. Americans Held Against Their Will in Venezuela.
10. Type of Current Political System Venezuela. Also discuss corruption in the election system.
11. The Devastating Economic and Marketing Decline of Venezuela.
    Include the lessons to be learned for US citizens. Why is this understanding important to marketing majors?

Sample Solution