Venezuela is located in northern South America, bordered by Colombia, Guyana, and Brazil. It has a diverse geography ranging from coastlines to mountains. The climate varies significantly from region to region. Venezuela has a population with a mix of European, African, and indigenous heritage. The country has a democratically elected president and legislative assembly, and maintains friendly relations with other South American nations. Venezuela's economy is largely based on oil and it provides subsidies that keep domestic fuel prices low. Popular tourist attractions include Angel Falls, the Amazon jungle, and Caribbean beaches.