What was the main focus of Betancourt's presidency?
Economic reforms
Military expansion
Social equality
Technological innovation
Answer
Betancourt's presidency prioritized economic reforms, aiming to diversify the nation's economy, reduce dependence on oil, promote industrialization, and improve income distribution. He implemented policies such as the "Sowing the Oil" program to invest oil revenues in agriculture and infrastructure, created the Venezuelan Investment Fund to attract foreign capital, and established the National Agrarian Institute to support land reform and agricultural development.
The Political Legacy of Rómulo Betancourt: A Journey Through Venezuelan History
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