Venezuela the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and a large number of small islands and islets in the Caribbean Sea. The capital and largest urban agglomeration is the city of Caracas, it has a territorial extension of 916,445 km2. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south and Tobago to the north-east and on the east by Guyana. With this last country, the Venezuelan government maintains a claim for Guayana Esequiba over an area of 159,542 km2. For its maritime areas, it exercises sovereignty over 71,295 km2 of territorial waters, 22,224 km2 in its contiguous zone, 471,507 km2 of the Caribbean Sea and the Atlantic Ocean under the concept of exclusive economic zone, 99,889 km2 of continental shelf; this marine area borders those of 13 states. The country has high biodiversity and is ranked seventh in the world's list of nations with the most number of species.
There are habitats ranging from the Andes Mountains in the west to the Amazon basin rain-forest in the south via extensive llanos plains, the Caribbean coast and the Orinoco River Delta in the east. The territory now known as Venezuela was colonized by Spain in 1522 amid resistance from indigenous peoples. In 1811, it became one of the first Spanish-American territories to declare independence, not securely established until 1821, when Venezuela was a department of the federal republic of Gran Colombia, it gained full independence as a country in 1830. During the 19th century, Venezuela suffered political turmoil and autocracy, remaining dominated by regional caudillos until the mid-20th century. Since 1958, the country has had a series of democratic governments. Economic shocks in the 1980s and 1990s led to several political crises, including the deadly Caracazo riots of 1989, two attempted coups in 1992, the impeachment of President Carlos Andrés Pérez for embezzlement of public funds in 1993.
A collapse in confidence in the existing parties saw the 1998 election of former coup-involved career officer Hugo Chávez and the launch of the Bolivarian Revolution. The revolution began with a 1999 Constituent Assembly, where a new Constitution of Venezuela was written; this new constitution changed the name of the country to Bolivarian Republic of Venezuela. The sovereign state is a federal presidential republic consisting of 23 states, the Capital District, federal dependencies. Venezuela claims all Guyanese territory west of the Essequibo River, a 159,500-square-kilometre tract dubbed Guayana Esequiba or the Zona en Reclamación. Venezuela is among the most urbanized countries in Latin America. Oil was discovered in the early 20th century, today, Venezuela has the world's largest known oil reserves and has been one of the world's leading exporters of oil; the country was an underdeveloped exporter of agricultural commodities such as coffee and cocoa, but oil came to dominate exports and government revenues.
The 1980s oil glut led to a long-running economic crisis. Inflation peaked at 100% in 1996 and poverty rates rose to 66% in 1995 as per capita GDP fell to the same level as 1963, down a third from its 1978 peak; the recovery of oil prices in the early 2000s gave. The Venezuelan government under Hugo Chávez established populist social welfare policies that boosted the Venezuelan economy and increased social spending, temporarily reducing economic inequality and poverty in the early years of the regime. However, such populist policies became inadequate, causing the nation's collapse as their excesses—including a uniquely extreme fossil fuel subsidy—are blamed for destabilizing the nation's economy; the destabilized economy led to a crisis in Bolivarian Venezuela, resulting in hyperinflation, an economic depression, shortages of basic goods and drastic increases in unemployment, disease, child mortality and crime. These factors have precipitated the Venezuelan Migrant Crisis where more than three million people have fled the country.
By 2017, Venezuela was declared to be in default regarding debt payments by credit rating agencies. In 2018, the country's economic policies led to extreme hyperinflation, with estimates expecting an inflation rate of 1,370,000% by the end of the year. Venezuela is a charter member of the UN, OAS, UNASUR, ALBA, Mercosur, LAIA and OEI. According to the most popular and accepted version, in 1499, an expedition led by Alonso de Ojeda visited the Venezuelan coast; the stilt houses in the area of Lake Maracaibo reminded the Italian navigator, Amerigo Vespucci, of the city of Venice, Italy, so he named the region Veneziola, or "Little Venice". The Spanish version of Veneziola is Venezuela. Martín Fernández de Enciso, a member of the Vespucci and Ojeda crew, gave a different account. In his work Summa de geografía, he states that the crew found indigenous people who called themselves the Veneciuela. Thus, the name "Venezuela" may have evolved from the native word; the official name was Estado de Venezuela, República de Venezuela, Estados Unidos de Venezuela, a
Ecuador the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, the Pacific Ocean to the west. Ecuador includes the Galápagos Islands in the Pacific, about 1,000 kilometres west of the mainland; the capital city is Quito, the largest city. What is now Ecuador was home to a variety of Amerindian groups that were incorporated into the Inca Empire during the 15th century; the territory was colonized by Spain during the 16th century, achieving independence in 1820 as part of Gran Colombia, from which it emerged as its own sovereign state in 1830. The legacy of both empires is reflected in Ecuador's ethnically diverse population, with most of its 16.4 million people being mestizos, followed by large minorities of European and African descendants. Spanish is the official language and is spoken by a majority of the population, though 13 Amerindian languages are recognized, including Quichua and Shuar; the sovereign state of Ecuador is a middle-income representative democratic republic with a developing economy, dependent on commodities, namely petroleum and agricultural products.
It is governed as a democratic presidential republic. One of 18 megadiverse countries in the world, Ecuador hosts many endemic plants and animals, such as those of the Galápagos Islands. In recognition of its unique ecological heritage, the new constitution of 2008 is the first in the world to recognize enforceable Rights of Nature, or ecosystem rights, it has the fifth lowest homicide rate in the Americas. Various peoples had settled in the area of the future Ecuador before the arrival of the Incas; the archeological evidence suggests that the Paleo-Indians' first dispersal into the Americas occurred near the end of the last glacial period, around 16,500–13,000 years ago. The first Indians who reached Ecuador may have journeyed by land from North and Central America or by boat down the Pacific Ocean coastline. Much migrations to Ecuador may have come via the Amazon tributaries, others descended from northern South America, others ascended from the southern part of South America through the Andes.
They developed different languages while emerging as unique ethnic groups. Though their languages were unrelated, these groups developed similar groups of cultures, each based in different environments; the people of the coast developed a fishing and gathering culture. Over time these groups began to interact and intermingle with each other so that groups of families in one area became one community or tribe, with a similar language and culture. Many civilizations arose in Ecuador, such as the Valdivia Culture and Machalilla Culture on the coast, the Quitus, the Cañari; each civilization developed its own distinctive architecture and religious interests. In the highland Andes mountains, where life was more sedentary, groups of tribes cooperated and formed villages. Through wars and marriage alliances of their leaders, a group of nations formed confederations. One region consolidated under a confederation called the Shyris, which exercised organized trading and bartering between the different regions.
Its political and military power came under the rule of the Duchicela blood-line. When the Incas arrived, they found that these confederations were so developed that it took the Incas two generations of rulers—Topa Inca Yupanqui and Huayna Capac—to absorb them into the Inca Empire; the native confederations that gave them the most problems were deported to distant areas of Peru and north Argentina. A number of loyal Inca subjects from Peru and Bolivia were brought to Ecuador to prevent rebellion. Thus, the region of highland Ecuador became part of the Inca Empire in 1463 sharing the same language. In contrast, when the Incas made incursions into coastal Ecuador and the eastern Amazon jungles of Ecuador, they found both the environment and indigenous people more hostile. Moreover, when the Incas tried to subdue them, these indigenous people withdrew to the interior and resorted to guerrilla tactics; as a result, Inca expansion into the Amazon Basin and the Pacific coast of Ecuador was hampered.
The indigenous people of the Amazon jungle and coastal Ecuador remained autonomous until the Spanish soldiers and missionaries arrived in force. The Amazonian people and the Cayapas of Coastal Ecuador were the only groups to resist Inca and Spanish domination, maintaining their language and culture well into the 21st century. Before the arrival of the Spaniards, the Inca Empire was involved in a civil war; the untimely death of both the heir Ninan Cuchi and the Emperor Huayna Capac, from a European disease that spread into Ecuador, created a power vacuum between two factions. The northern faction headed by Atahualpa claims that Huayna Capac gave a verbal decree before his death about how the empire should be divided, he gave the territories pertaining to present-day Ecuador and northern Peru to his favorite son Atahualpa, to rule from Quito. He willed that his heart be buried in Quito, his favorite city, the rest of his body be buried with his ancestors in Cuzco. Huáscar did not recognize his fa