viernes, 23 de agosto de 2013

Economical and Social History of Mexico


Here you have the links for the book summaries of Alicia Hernández Chávez and Buchenau.

You can also watch this video for more info:


After reading, please answer these questions:

How did historical events like wars and political conflicts affect in economical development in Mexico?

How did the lack of economical stability and development through most of the 19th Century determine economical crisis in 20th and 21th Centuries?

You must post your answers as comments for Tuesday 27th.

13 comentarios:

  1. The wars and the political conflicts involved both political and economic instability and social inequality, which affected the economic development in Mexico. The constant political struggles made it hard for the country to develop a coherent economic policy and the political insecurity also made it hard for people to want to engage in economic activities. The social inequality in the Mexican society, which was also affected by the political conflicts, also had an impact on the economic development in the country. It is hard for a country to develop economically if the population is divided and only a small part of the population can take part in economic activities and the economic development.

    The lack of economic development during the 19th century changed in the 20th and 21th century, and during these centuries Mexico started to develop economically. When the political conflicts ended, the country finally had a chance to start its economic development.

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    Respuestas
    1. Generally speaking, wars are not a good event for development

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  2. Con la revolución industrial y con la revolución francesa aparecía nuevas posibilidades y una nueva mente. Con la Revolución industrial venía el vapor que era un gran fuente de energía, el hombre empezó a descubrir y producir nuevos materiales que conducía a eficiencia energética. Entonces, necesitaba transportar los nuevos materiales y de repente el ferrocarril era un hecho. Que en su turno permitía la gente trasladarse a un mismo lugar para trabajar. En aquella época la Revolución francés inspiraba el hombre. Ahora se podía a ver a si mismo a un individuo que podía inventar y vender lo que ha inventado. Todo esto resultaba en eficiencia agrícola maquinaria e urbanización.

    Durante 1800 había un tiempo muy inseguridad. Guerras, golpe de estado, no había partido políticos y gobiernos que solo gobernaba por poco tiempo y cuando al final alguien se quedó, era para 15 años. En 1821 México tuvo su independencia pero el país no se mantuvo la calma. UUEE quería la tierra en el norte y eso resulto en Tratado de Guadalupe-Hidalgo. En 1878 llegó Porfirio Díaz que significaba que el gobierno favoreció inversión nacional y extranjera con privilegio pero al mismo tiempo la mano obrero y campesinos que pudieron gozar algo de los privilegios. Entonces, la lucha para una tierra más justo venía, La Revolución Mexicana.
    Con este tiempo turbulento no he sido fácil conservar una sociedad estable con una economía fuerte. No hasta los años 50 México vivió un desarrollo económico pero hoy en día hay todavía problemas que necesiten trabajo.

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    Respuestas
    1. México have development also at the end of 19th Century, when trains and telegraphs were installed. :)

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  3. I think that wars left many expenses for the goverment and the people. Also the constant changes in the government and the economic and political policies made it difficult for Mexico to have any development in these matters. The famous "Mexican miracle" was too good to last, so it began in a descendent curve economically speaking, the inflation and the lack of response by the government to this due to all the political inestability.

    This matters made the crisis of the 20th and 21th possible. Mexico was never calmed, political and "war" speaking, even though the Indepence movement ended in the XIXth century, there was always a battle for power and any enemies trying to take advantage of Mexican resources.

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    Respuestas
    1. Somos un país con muchas riquezas pero muy mal manejado. Tenemos la posibilidad de hacerlo mucho mejor. Saludos...

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  4. First of all, the numerous conflicts during the start of the develop of Mexico affect in the stability of the state, which also has an effect in the trust that the potential investor could had in Mexico, so instead of doing and investment in the country they prefer to develop the business at their home land than take a risk in a foreign country; also we have to remember that because of the constant change in who were the ones ruling the country the investor wouldn’t have any idea of whom they should entrust. And this result in the star of a pattern that continuous nowadays, because even though is not common to be a constant in the war for the government it does created a model that the ones in the top of the social pyramid are involve in a continuous struggle to gain the complete power over the country, which makes the investor vacillate if it’s profitable to invest or not in Mexico

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  5. Q1:Economical development needs capital, human capital, technology, trade and institution. In other words, it needs money, education, research, political stability, coherent policies and business with other countries. During wartime, money, food and human capital are spent to serve the military purpose not for production, education and research. Investment in raw materials, technology, infrastructure, buildings and machines cannot be made. If there is no stability in the country because of wars and political conflicts, workers cannot be efficient and productive anymore since they cannot feel safety. And political conflicts may cause some economic policies and investment projects to be cancelled or suspended. It takes a long time for a country to develop a healthy and stable economy, but wars and political conflicts deprives the country of money and stability, which hinders its economic development. If a country is in war or political conflicts, it is very difficult for that country to export and import goods and cooperate companies from abroad, because the partners are unwilling to do business with a country that is in war or political conflicts, because they are afraid that they cannot get payment and goods on time and in quality. When Mexico was in wars and political conflicts in the 19th century, European countries and U.S.A. were developing rapidly in economy and technology.

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  6. Q2:The main causes of Mexico’s economical crisis in 20th and 21st century lies in currency exchange rate, deficit in international trade, changes in oil prices and weak internal demand. The lack of economical stability and development through the 19th century left Mexico no advantageous industries, e.g. automatic, steel, chemicals, financial sectors and so one. Since there were no advantageous industries in Mexico, Mexico’s economy is easily affected by other countries in the world. Without a stable economy and a good prospect, the currency exchange rate will shift more frequently. Frequently changing exchange rate (devaluation of Mexico peso) does no good to Mexico’s export because Mexican goods are more expensive in the international market. Therefore, a deficit in international trade is expected. Without a solid financial sector in Mexico, money of the rich people cannot be reinvested efficiently. Oil industry has been a major industry in Mexico; however, this industry is highly monopolized and lacking competition, which means that it is not productive and efficient. Mexico fails to strength its oil industry (e.g. invest in technologies that can produce goods and chemicals from crude oil) and rely on the importing of oil, so that when oil prices change in the world, the economy will be affected. Lastly, Mexico has never really addressed on the problem of inequality in the 19th century, so the wealth in the country is not distributed equally all over the country. Many people are poor and few are rich. Domestic demand is limited, those rich people can invest their money abroad and buy goods from other countries, and those poor people cannot afford even some daily goods. When Mexico’s economy is affected by other powerful economies in the world, the domestic market cannot help to recover Mexico’s economy so that crises happen. In other words, solid domestic demand can be a cushion for economic crisis and an engine for economy to recover from crisis. (actually I didn't find something relating to this question from the english reading so the answer is quite imaginary...)

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  7. Jajaja. I think it's not your imagination. It works like you say. :)

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