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Mexico Today. Chapter 7/ Section 3. Government and Economy. Mexico has a democratic government but is a little different then the United States government. Mexico struggles with debt and inflation- inflation is the rise in prices when currency looses its buying power.
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Mexico Today Chapter 7/ Section 3
Government and Economy • Mexico has a democratic government but is a little different then the United States government. • Mexico struggles with debt and inflation- inflation is the rise in prices when currency looses its buying power. • Many farmers in Mexico use the slash and burn method of farming which is the practice of burning forest in order to clear the land for planting.
Government and Economycont’d. • Mexico farmers grow cash crops, which are crops that farmers grow mainly to make a profit. • Many Mexicans make a living by mining oil and working in factories that produce goods that Mexico can import. • Tourism also brings in a good amount of money for Mexico’s economy.
Greater Mexico City • Mexico City is the world’s 2nd largest city and one of the world’s most populated areas. • Mexico city provides many job and education opportunities but has many problems. • Smog is one problem Mexico city has which is a mixture of smoke, chemicals, and fog. • Poverty is also a problem there.
Central Mexico • Central Mexico is known for having small colonial towns. • It also has many fertile valleys and farms where people grow vegetables, corn and wheat that they can sell.
Northern Mexico • Northern Mexico has become one of the country’s richest and most modern areas. • Many U.S. and foreign owned factories called maquiladoras have been built along Mexico’s long border with the U.S.
Southern Mexico • Southern Mexico is the least populated and industrialized region of the country. • Southern Mexico is important to Mexico because they grow most of the sugarcane and coffee there. They are two of Mexico’s most exported crops. • The Mayan ruins also pull a lot of tourists to this area.