Key Facts about Bolivia

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Overview:

Bolivia recently said it had broken diplomatic ties with Israel because of its attacks on the Gaza Strip.

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