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In 1998, Hugo Chavez won the office of president of Venezuela, starting over 18 years of socialist rule.
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Hugo Chavez beats out the referendum on whether or not he really was supposed to be president of Venezuela.
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Hugo Chavez passes the land reform bill to distribute the land to the urban poor.
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Venezuela and Russia sign a 1.3 billion dollar arms deal to remove power from the U.S. in international relations.
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Colombia does a cross-border raid into Ecuador, a Venezuelan ally, which results in increased border security.
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Hugo Chavez devalues the Bolivar by 17% to try and make basic goods more accessible.
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The Venezuelan government puts price caps on basic goods to try and make them more accessible to the general public.
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Hugo Chavez returns from Cuba after his cancer treatments to run for a fourth term in office.
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Hugo Chavez dies partly through his fourth term from cancer after 58 years.
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The Mud party wins a majority of the national assembly for the first time, beginning the downfall of the socialist government.
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President Maduro finally declares an economic emergency after 18 years.
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Venezuelans tired of socialist government demand a referendum on whether the socialist should still be in power.