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Essay

Mexico

Essay specific features

 

Issue:

History

 

Written by:

Ollie O

 

Date added:

October 26, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1255

 

Was viewed:

9206 times

 

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Essay content:

Agriculture still provides more jobs than industry, however. Many farm families earn barely enough to survive, and many city dwellers are unable to find jobs. After World War II (1939-1945), Mexico became known for its continuously growing economy. During that time, Mexico's economy changed from a primarily agricultural one to an economy based on services and manufacturing...
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Beginning in the 1970s, however, the country's economy began to stagnate as Mexico fell deeply into debt. In the late 1970s Mexico borrowed billions of dollars at extremely high interest rates in anticipation of increased oil revenues. When the oil prices dropped sharply in the early 1980s, Mexico's oil revenues plummeted as well...
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