History of Venezuela Guide, Meaning , Facts, Information and Description
This is the history of Venezuela. See also the history of South America and the history of present-day nations and states.
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2 19th century: independence 3 Late 20th century, early 21st: democracy 4 See also 5 External link |
Spanish period
At the time of the Spanish arrival, the indigenous people were mainly agriculturists and hunters living in groups along the coast, the Andean mountain range, and along the Orinoco River. The first permanent Spanish settlement in South America, Nueva Cádiz was established in Venezuela in 1522.
There was a plan for German settlement led by the Fugger bankers that didn't work out.
The provinces which constitute today's Venezuela were relatively neglected, alternatively under the central authority of the Viceroyalties of New Spain and Peru, situated in the places where the great American Empires (mainly Aztecs and Incas) had had their capital cities. Those were the centers of interest for the Spaniards in the 1500s and 1600s because of the gold and silver mines.
In the 18th century, the province of Venezuela was under the jurisdiction of the Viceroyalty of New Granada (created in 1717), since 1777 as Captaincy General of Venezuela. The Compañía Guipuzcoana de Caracas held a close monopoly on trade with Europe.
19th century: independence
The Venezuelans began to grow restive under colonial control toward the end of that century. They achieved home rule after a coup on April 19, 1810, and later declared independence from Spain on July 5, 1811. The war for independence ensued. After several years of war that killed half of Venezuela's white population, the country achieved independence from Spain in 1821 under the leadership of its most famous son, Simón Bolívar. Venezuela, along with what are now Colombia, Panama, and Ecuador, was part of the Republic of Gran Colombia until 1830, when Venezuela separated and became a sovereign country.
Much of Venezuela's 19th century history was characterized by periods of political instability, dictatorial rule, and revolutionary turbulence. The first half of the 20th century was marked by periods of authoritarianism--including dictatorships from 1908-35 and from 1950-58. The Venezuelan economy shifted after World War 1 from a primarily agricultural orientation to an economy centered on petroleum production and export.
Late 20th century, early 21st: democracy
Since the overthrow of Gen. Marcos Pérez Jiménez in 1958 and the military's withdrawal from direct involvement in national politics, Venezuela has enjoyed an unbroken tradition of civilian democratic rule, of which Rómulo Betancourt, president from 1958-1964, laid the foundation. Until the 1998 elections, the Social Democratic "Acción Democrática" (AD) and the Christian Democratic "Comité de Organización Política Electoral Independiente" (COPEI) parties dominated the political environment at both the state and federal level.
Hugo Chávez was elected President in December 1998 on a platform that called for the creation of a "Fifth Republic", a new constitution, a new name ("the Bolivarian Republic of Venezuela"), and a new set of social relations between socioeconomic and racial classes. In 1999, voters approved a referedum on a new constitution, and in 2000, re-elected Chávez, also placing many members of his Movement for the Fifth Republic political party in the National Assembly. Supporters of Chávez call the process symbolised by him the Bolivarian Revolution, and organise themselves in open, local, participatory assemblies called Bolivarian Circles.
However, Chávez has also faced stiff opposition. A business-labor general work stoppages was called in December 2001, followed by an attempted coup in April 2002, another general work stoppage in December 2002, this one shutting down the state oil company PDVSA for two months and crippling the Venezuelan economy. In August, 2004, Chávez faced a recall referendum, but 59% of the voters voted to allow Chávez to remain in office.
This is an Article on History of Venezuela. Page Contains Information, Facts Details or Explanation Guide About History of Venezuela See also
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