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Home»Economics»Economy and ancient civilizations of Mexico
Economics

Economy and ancient civilizations of Mexico

By CharlotteJuly 13, 20263 Mins Read
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Mexico, officially United Mexican States, Country, southern North America. The Rio Grande forms part of its northeastern border with the U.S. Area: 758,449 sq mi (1,964,375 sq km). Population: (2026 est.) 135,674,000. Capital: Mexico City. More than three-fifths of Mexico’s people are mestizos, about one-fifth are American Indians, and the bulk of the rest are of European ancestry. Languages: Spanish (official); more than 50 Indian languages are spoken. Religion: Christianity (predominantly Roman Catholic; also Protestant). Currency: Mexican peso. Mexico has two major peninsulas, the Yucatán in the southeast and Baja California in the northwest. The high Mexican Plateau forms the core of the country and is enclosed by mountain ranges: the Sierra Madre Occidental, the Sierra Madre Oriental, and the Cordillera Neo-Volcánica. The last has the country’s highest peak, the volcano Citlaltépetl, which reaches 18,406 ft (5,610 m). Mexico has a mixed economy based on agriculture, manufacturing, and the extraction of petroleum and natural gas. About one-eighth of the land is arable; major crops include corn, wheat, rice, beans, coffee, cotton, fruits, and vegetables. Mexico is the world’s largest producer of silver, bismuth, and celestite. It has significant reserves of oil and natural gas. Manufactures include processed foods, chemicals, transport vehicles, and electrical machinery. It is a federal republic with two legislative houses; its head of state and government is the president. Some scholars date human arrival in Mexico to as early as 30,000 to 40,000 years ago, but most believe it was somewhat later. The area produced a string of great early civilizations, including the Olmec, Toltec, and Maya. The Aztec empire, another important civilization located in Mexico, was conquered in 1521 by Spanish explorer Hernán Cortés, who established Mexico City on the site of the Aztec capital, Tenochtitlán. Francisco de Montejo conquered the remnants of Maya civilization in 1526, and Mexico became part of the Viceroyalty of New Spain. In 1821 rebels negotiated independence from Spain, and in 1823 a new congress declared Mexico a republic. In 1845 the U.S. voted to annex Texas, initiating the Mexican War. Under the Treaty of Guadalupe Hidalgo in 1848, Mexico ceded a vast territory in what is now the western and southwestern U.S. The Mexican government endured several rebellions and civil wars in the late 19th and early 20th centuries (see Mexican Revolution). During World War II (1939–45) it declared war on the Axis powers, and in the postwar era it was a founding member of the United Nations (1945) and the Organization of American States (1948). In 1993 it ratified the North American Free Trade Agreement. The election of Vicente Fox to the presidency (2000) ended 71 years of rule by the Institutional Revolutionary Party. After the government involved the military in its efforts against the country’s powerful illegal drug cartels in 2006, violence mounted through the decade and into the next, with tens of thousands killed.



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