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8.3 Creating a New economy - Mexico
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Elected president in 2000 from PAN that changed Mexico from one-party system to a multiparty democracy.
Vicente Fox
Traditionally, before 1940's, Mexico's economy depended upon:
Agriculture and mining
Mexico's most profitable industry is:
Oil production
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
It is one of the precious metals that Mexico produces in big amounts.
Silver
Is an economy in which nations cooperate to trade goods and services.
Global economy
What does NAFTA mean?
North American Free Trade Agreement
With which countries did Mexico signed the NAFTA?
With Canada and U.S.A.
What are the two major challenges that Mexico faces to continuing to develop a strong economy?
To reduce pollution and to create more jobs
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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