Comparison between Venezuela and Dominican Republic

Document Type:Essay

Subject Area:Economics

Document 1

The country is located in the Caribbean area at the Greater Antilles of the Archipelago. It fills the eastern side of the island with a total land mass of 48,671 square kilometers or 18,792 sq. Miles. Third of the population about 10 million persons live in the capital city, Santo Domingo. The Dominica Republic is known as a tourist destination site because of the astounding surroundings and rich history as well as culture. The state is treasured for its biodiversity and is ranked seven in the world among nations with different kind of species. The country was colonized by Spanish and gained full independence in the year 1830. Venezuela like Dominica republic suffered some turmoil after independence and begun to experience some prosperity later on.

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The country has a total population of 31,304,016 according to the 2017 estimates. The ethnic groups forming the population include the most being the mestizo, Europeans or white, African or the blacks and the least Amerindians. natural gas, hydropower iron ore, bauxite, and petroleum. Additionally, the agricultural land occupies 24. 6%, arable land 3. 2%, enduring crops account for 0. 8%, permanent pastures 20. 98) and over 65 years (7. The unemployment rate of the is at 14. 5% and the years one take to transition from primary school to tertiary is 14 years. While with a population of over 10 million people Dominican Republic population is characterized with 0-14 years (26. 9%),65years and above forming (7. In my view, Dominica will have a substantial advantage as compared to, and with the quick growth in population, the number of unemployed youths is likely to increase.

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