Venezuela during World War II | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-05-15

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Venezuela_during_World_War_II


00:01:03 1 History
00:01:12 1.1 The oil industry
00:03:50 1.2 Axis influence
00:07:10 1.3 The Venezuelan military
00:08:55 1.4 iKoenigstein/i and iCaribia/i
00:10:57 2 Gallery
00:11:07 3 See also



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SUMMARY
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The history of Venezuela during World War II is marked by dramatic change to the country's economy, military, and society. At the beginning of World War II in 1939, Venezuela was the world's leading oil exporter, and subsequently one of the main beneficiaries of the American Lend-Lease programs. Economic assistance from the United States, as well a booming oil industry, led Venezuela to become one of the few Latin American countries that was able to finance its own modernization in the post-war era. Furthermore, through skillful diplomacy, Venezuela was able to gain territory, increase its share in oil profits, and also reduce its reliance on foreign oil companies.Although Venezuela was officially neutral for most of the war, it secretly supported the Allies, and eventually declared war on the Axis powers in February 1945, a few months before the end of the conflict.