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MEXICAN POLITICS AND ECONOMY 1876 - 1910. Pgs 220 - 226. Dictatorship Under Diaz. General Porfirio Diaz seized power in 1876 in the name of republican legality. Erected the Porfiriato, one of the longest personal dictatorships in in LA history.
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MEXICAN POLITICS AND ECONOMY1876 - 1910 Pgs 220 - 226
Dictatorship Under Diaz • General Porfirio Diaz seized power in 1876 in the name of republican legality. • Erected the Porfiriato, one of the longest personal dictatorships in in LA history. • Diaz favored great landowners, moneylenders, and foreign capitalists to assure political survival.
Economic Development Requires Political Stability • Policy of Conciliation = Share of spoils to all influential opponents. (pan o palo – bread of the club). • Dissidents were beaten up, murdered, or arrested. • Diaz virtually eliminated all effective opposition at the end of his 2nd term (1888).
Conciliation • Increased benefits for the army and church. • Policy was directed towards prominent intellectuals, wealthy, and powerful figures. • Cientificos = clique of Diaz’s advisers. For these men the economic movement was everything.
Concentration of Landownership • 20th century – Mexico still predominantly an agrarian country. • Laws enacted that took / bought land from the indigenous people. 90 % lose their communal lands. • Land is not used effectively, which hinders food production for the domestic market.
The Economic Advance • Production of food and industrial raw materials for the foreign market increase. • Mexican export production became increasingly geared to the needs of the U.S. and other foreign nations. • “Mexico, mother of foreigners and stepmother of Mexicans.” • Modernizations – trade, banking, and transportation.
Social Unrest • The depression of 1906-1907, which spread from the U.S. to Mexico, caused a wave of bankruptcies, layoffs, and wage cuts. • The crop failures of 1907-1910 provoked a dramatic rise in the price of staple foods. • The house of Diaz was rotten from top to bottom.
The Storm That Swept Mexico pt1/8 • LA TORMENTA QUE AZOTO MEXICO pt1/8