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Under chávez's leadership, what kind of economic system was put in place in venezuela? how would you characterize the political system?

User Jeff Ayan
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It was more of a socialist government. This is apparent through the government seizing farms, taking them over as cooperatives. They also took over a number of public enterprises and were sponsoring more public government funded programs. Additionally, he used the profits from the oil industry to add to these programs.
User Wenjun
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