What caused Venezuelan crisis in Chavez government?

What caused Venezuelan crisis in Chavez government?
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1 Answer

Answer :

On 2 June 2010, Chavez declared an "economic war" because of the increasing shortages in Venezuela. The crisis intensified undergo Maduro government , growing more severe as a result of low oil prices in early 2015, and a drop in Venezuela's oil production from lack of innovation and investment.
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