Key Facts about Bolivia

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About Bolivia

Bolivia, officially the Plurinational State of Bolivia, is a landlocked country located in western-central South America.
It is named after independence fighter Simon Bolivar.
The country is located in the rugged Andes Mountain, with a highland plateau and lowland plains in the Amazon basin.
One-third of the country is within the Andean mountain range.
Bordering Countries: It borders the countries of Argentina, Brazil, Chile, Paraguay, and Peru.
Capital: The constitutional capital is Sucre, while the seat of government and executive capital is La Paz.
Bolivia shares control of Lago Titicaca, the world’s highest lake navigable to large vessels, at 12,500 feet above sea level.
History:
- During the 15th and 16th centuries, an ancient civilization called the Inca reigned over the region.
- In 1538, Spanish conquistadors (or ‘conquerors’) arrived from Europe and gained control of the territory.
- It broke away from Spanish rule in 1825.
- Much of its subsequent history has consisted of a series of coups and countercoups, with the last coup occurring in 1978.
- Democratic civilian rule was established in 1982.
Government:
- The government system is a republic; the new constitution defines Bolivia as a “Social Unitarian State.”
- The chief of state and head of government is the president.
Currency: Bolivian boliviano
Official Language: It has 37 official languages, including Spanish.
Bolivia has a mixed economic system that includes a variety of private freedoms combined with centralized economic planning and government regulation.

Q1) What is a Republic?

A republic is a form of government where the head of state is not a monarch or a dictator but a representative of the people, who is usually elected. The people have the power to control the country’s decisions instead of the elite doing so arbitrarily.

Source: Bolivia severs ties with Israel, others recall envoys over Gaza