Answer
2.8%
Explanation:
in the period between 2010 and 2018, the Mexican economy grew an average 2.8%, however, due to the fall in oil prices in 2019 and the global economic crisis caused by corona in 2020, the economy has been affected in recent years it is foreseen that it will grow during 2021.
Answer:
Mexico's economic history has been characterized since the colonial era by resource extraction, agriculture, and a relatively underdeveloped industrial sector. Economic elites in the colonial period were predominantly Spanish born, active as transatlantic merchants and silver mine owners and diversifying their investments with the landed estates. The largest sector of the population was indigenous subsistence farmers, who lived mainly in the center and south.
New Spain was envisioned by the Spanish crown as a supplier of wealth to Iberia, which huge silver mines accomplished. A colonial economy to supply foodstuffs and products from ranching as well as a domestic textile industry meant that the economy supplied much of its own needs. Crown economic policy rattled Americanborn elites’ loyalty to Spain when in 1804, it instituted a policy to make mortgage holders pay immediately the principal on their loans, threatening the economic position of cashstrapped land owners.Independence in Mexico in 1821 was economically difficult for the country, with the loss of its supply of mercury from Spain in silver mines.
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