How Long to Read Oil and Development in Venezuela during the 20th Century

How Long Does it Take to Read Oil and Development in Venezuela during the 20th Century?

It takes the average reader 5 hours and 3 minutes to read Oil and Development in Venezuela during the 20th Century by Jorge Salazar-Carrillo

Assuming a reading speed of 250 words per minute. Learn more

Description

This book advances the theory that a potential leading export sector—in this case, the oil sector—is capable of inducing economic growth even in peripheral countries where the product line is primary in nature. In Venezuela the oil sector has contributed directly and indirectly to the development of the country's overall economy, particularly from 1936 to 1973, when that sector met the criteria of a leading sector, i.e., one that expands rapidly and obtains a large specific size relative to the economy as a whole. Oil investment in Venezuela contributed to the fiscal sector, the foreign sector, GDP, income, backward and forward linkages, the multiplier and accelerator effects, and the retained value of total expenditures. In spite of recent efforts to diversify the production and export mix, the Venezuelan economy continues to remain heavily dependent on oil production for export. During the midcentury decades of solid growth, it became evident that government oversight was needed to ensure that the numerous contributions flowing from the oil sector would be put to good use. Overall, it appears that the contributions were well utilized by the Venezuelan government, although there was plenty of room for improvement. Income distribution problems and other social inequities continued to beset the development process, leaving the economy rigid and inflexible. Consequently, when the oil sector faltered (1974 to 2000), Venezuela was unable to shift into other product lines. Political disarray soon followed, and with it a pervasive aura of economic uncertainty that persists to this day.

How long is Oil and Development in Venezuela during the 20th Century?

Oil and Development in Venezuela during the 20th Century by Jorge Salazar-Carrillo is 296 pages long, and a total of 75,776 words.

This makes it 100% the length of the average book. It also has 93% more words than the average book.

How Long Does it Take to Read Oil and Development in Venezuela during the 20th Century Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 54 minutes to read Oil and Development in Venezuela during the 20th Century aloud.

What Reading Level is Oil and Development in Venezuela during the 20th Century?

Oil and Development in Venezuela during the 20th Century is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Oil and Development in Venezuela during the 20th Century?

Oil and Development in Venezuela during the 20th Century by Jorge Salazar-Carrillo is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Oil and Development in Venezuela during the 20th Century by Jorge Salazar-Carrillo on Amazon click the button below.