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8.3 Creating a New economy - Mexico

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    Economy of Mexico
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  • Elected president in 2000 from PAN that changed Mexico from one-party system to a multiparty democracy.
    Vicente Fox
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  • Traditionally, before 1940's, Mexico's economy depended upon:
    Agriculture and mining
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  • Mexico's most profitable industry is:
    Oil production
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  • Is a factory that assembles imported materials into finished goods that are exported, many of them hve been located along Mexico's border with the U.S.A.
    Maquiladora
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  • It is one of the precious metals that Mexico produces in big amounts.
    Silver
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  • Is an economy in which nations cooperate to trade goods and services.
    Global economy
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  • What does NAFTA mean?
    North American Free Trade Agreement
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  • With which countries did Mexico signed the NAFTA?
    With Canada and U.S.A.
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  • What are the two major challenges that Mexico faces to continuing to develop a strong economy?
    To reduce pollution and to create more jobs
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  • It is a problem caused because the Mexican people look for better job opportunities due to the lack of well paid jobs in Mexico
    Illegal immigration
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