Venezuela has some of the world's largest proven oil deposits as well as huge quantities of coal, iron ore, bauxite and gold.
Yet most Venezuelans live in poverty, many of them in shanty towns, some of which sprawl over the hillsides around the capital, Caracas.
Venezuela's president, Hugo Chavez, says he is leading the country - which is enjoying a windfall from high oil prices - through a socialist revolution.
http://news.bbc.co.uk/2/hi/americas/country_profiles/1229345.stm
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