Question

Which of the following resources accounts for Venezuela’s economic wealth?

a.petroleum
c.bauxite
b.gold
d.timber

Answer 1

Venezuela's economic wealth is accounted for by petroleum.

Answer 2

a. petroleum because the economy of Venezuela is the largest based on the petroleum sector & manufacturing. revenue from the petroleum export account for more than 50% of the country' GDP & roughly 95% of the total exports.