According to this article: https://www.bbc.co.uk/news/world-latin-america-36319877 https://www.bbc.co.uk/news/world-latin-america-36319877 1) By relying almost

According to this article: https://www.bbc.co.uk/news/world-latin-america-36319877 https://www.bbc.co.uk/news/world-latin-america-36319877 1) By relying almost exclusively on oil 2) By implementing price controls on staple goods to help the poor: this effectively drove whole industries out of business 3) By trying to control of the foreign exchange, preventing people from freely exchanging their money with dollars In other words, by trying to implement a socialist government program.