Mexico is an ancient land filled with a rich history and a proud people. The land in Mexico once fostered Amerindian civilizations such as the Aztecs, Mayans, and the Olmec. These cultures flourished until first contact was made with the Spanish in the early 16th century. The Spanish conducted their first expedition in 1519, marking the start of Spanish rule in the region for the next 300 years. The Mexican independence was recognized be Spain in 1821 and formed their own democratic government that is still serving today.
The country itself is located directed south of the United States of America, bordering Guatemala’s and Belize’s northern border. As the southernmost country in North American, it enjoys contact with both the Atlantic …show more content…
The current Head of State is President Enrique Pena Nieto, who was elected on December 1st, 2012. He heads the government from the country’s capital, Mexico City. Their form of government has many similarities with the United States government, such as the use of cabinets, a senate, and different levels of legal courts. Political parties play a huge part of their election system, with the Intuitional Revolutionary Party currently controlling both the Executive branch and a majority of the Legislative …show more content…
However, the Mexican economy has been underperforming in regards to its true potential. The last 22 years saw the increase of manufacturing, and a more active role in international trade pacts, such as the North American Trade Agreement. However, the largest source of income for the government is from oil production, contributing approximately 20% of the total revenue (CIA, 2016). Due to falling oil prices and lack of international demand, reforms are being drafted to keep Mexican oil competitive on the global market. One staggering issue for the citizens is the unequal distribution of wealth, with 52.3% below the poverty line. The Gross Domestic Product per capita in Mexico is roughly $9500.00 (Trading Economics, 2016). The current unemployment rate is at
The country itself is located directed south of the United States of America, bordering Guatemala’s and Belize’s northern border. As the southernmost country in North American, it enjoys contact with both the Atlantic …show more content…
The current Head of State is President Enrique Pena Nieto, who was elected on December 1st, 2012. He heads the government from the country’s capital, Mexico City. Their form of government has many similarities with the United States government, such as the use of cabinets, a senate, and different levels of legal courts. Political parties play a huge part of their election system, with the Intuitional Revolutionary Party currently controlling both the Executive branch and a majority of the Legislative …show more content…
However, the Mexican economy has been underperforming in regards to its true potential. The last 22 years saw the increase of manufacturing, and a more active role in international trade pacts, such as the North American Trade Agreement. However, the largest source of income for the government is from oil production, contributing approximately 20% of the total revenue (CIA, 2016). Due to falling oil prices and lack of international demand, reforms are being drafted to keep Mexican oil competitive on the global market. One staggering issue for the citizens is the unequal distribution of wealth, with 52.3% below the poverty line. The Gross Domestic Product per capita in Mexico is roughly $9500.00 (Trading Economics, 2016). The current unemployment rate is at