Venezuelan Companies

Note that the installation of factories started not firm until the 1960s with the policy of import substitution, and the development of heavy industry dates from investments in companies of Guyana in the 1960s and 1970s. Although Venezuelan companies are born from the last century, is considered that it is not until the 1960s that began to emerge most large companies that today are known, and according to the political reality of the present, indicating that many have been marginalized characteristics demanded by the companies of the 21st centuryseriously harming the productive sector of the country, that to meet the demands of domestic consumers has to rely on imports. We must not forget, that for the time, Venezuelan companies were considered as agricultural and hood, with a plant industrial delayed and behind with respect to their immediate environment, with tendencies to the importation of most of the goods consumed by the Venezuelan market, aspect that cannot be overcome. Later and thanks to the economic model and Prosecutor implanted in the bygone era, began the growth of the industry of abruptly, the few companies that existed had the opportunity to grow their businesses in common, in others entirely dissimilar, thus lessening the risk of your investment portfolio, and allowing them to participate in a market, though small, fully protected, which provided all the security maintain the profitability that they consider appropriateNo matter: efficiency, productivity, technology or innovation, creating far less quality of products or services offered. Oligopolies represented in groups belonging to the sector with the greatest economic power rooted in the country, enabling them to maintain their status, without greater efforts were then generated. This phase of our company, are characterized by a free bonanza. Venezuelans should buy produced in the country, regardless of its price or quality. He then began to implement a model of openness, allowing the country to join the international market, medium-term.

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