1 / 17

Mexico

Mexico. Grade 6, Unit 1, Lesson 3. Key Understanding. Interaction between a country’s government, its economic system, and the factors of production often determines the level of economic development in a country. Let us explore Mexico’s level of economic development.

siegfried-henry
Download Presentation

Mexico

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mexico Grade 6, Unit 1, Lesson 3

  2. Key Understanding Interaction between a country’s government, its economic system, and the factors of production often determines the level of economic development in a country. Let us explore Mexico’s level of economic development. First, we need to understand the factors of production.

  3. Mexico

  4. Mexico’s Economic System: Free Enterprise/Free Market Economy Defined: Inputs used in the production of goods and services Factors of Production Examples Land Entrepreneurs (People willing to invest) Capital: $$ Labor

  5. Mexico • Information About Mexico • In groups of three, read the summary introductory paragraph from the web link above. • Read and gather information for your folded paper organizer. • Remember to focus on the economy, history and government.

  6. Mexico’s Government • Three branches of government: Executive, Legislative and Judicial • President is elected for only one term (serves a total of 6 years and may not serve again) • Two political party system • Unfortunately, corruption within the government decreases the number of outside investors.

  7. Mexico’s Economy • Monetary Policy: historically Mexico has increased (printed more) money supply creating inflation and a devalue of their money. • Lack of economic freedom (freedom to compete and protection of people) • Corruption keeps the economy from growing because foreign investors are fearful of the instability. • Manufacturing industries may take raw materials, buy materials from wholesalers, or buy materials from a retailer to make new products. – manufacturing in Mexico (Examples: clothing, toys, cars, houses, etc. • Service industries provide intangible goods directly to the public, not final products – maquiladoras in Mexico (they provide labor, but companies are not Mexican), tourism as one of biggest industries after oil production.

  8. Mexico’s EconomyWhat determines the level of economic development for a country? • Life Expectancy: the average number of years remaining in the life span of a person. (In Mexico– 76) • Gross Domestic Product: a measure of the economy; the total market value of goods and services produced within a country per year. (In Mexico– 1.1 trillion) • Gross Domestic Product per capita: this indicates the people’s standard of living; it is the country’s GDP divided by the number of people in the country. (In Mexico– $14,700) • Literacy: the ability to read and write (In Mexico– 86%)

  9. What is important to contemporary Mexico?

  10. Muralists Diego Rivera, Jose Clemente Orozco, and David Alfaro Siqueiros were important artists in 20th century.

  11. What stories do murals tell? • The mural tradition continues today, as shown in the mural we saw painted on the fence.

  12. . Artist Hector Duarte, who lives in Chicago, has turned his home into a giant mural representing the struggles of a Mexican immigrant

  13. This is a ________________ that illustrates __________________________________.

  14. Evaluation: Performance Indicator

  15. Corn • Corn was first domesticated in Mexico about 8,700 years ago, around 6700 BC • The story of corn is the story of Mexico. • Public art in Mexico has a long history, predating European exploration • Murals are one medium used to communicate with the people.

More Related