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Capital: Caracas/22 states. Interesting facts:. • The term Venezuela literally means ‘Little Venice’. The country was so named by its explorers, who saw houses built on stilts in a lake here, reminding them of Venice •Venezuela is one of the oldest democracies in South America.
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Interesting facts: • •The term Venezuela literally means ‘Little Venice’. The country was so named by its explorers, who saw houses built on stilts in a lake here, reminding them of Venice • •Venezuela is one of the oldest democracies in South America. • •Venezuela has the largest proven oil reserves in the Western Hemisphere and the second largest natural gas reserves. • •The petroleum industry accounts for half of the revenue of the government of Venezuela. • •The main industries of Venezuela are petroleum, iron ore mining, construction materials and food processing.