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World > North America > Mexico
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Mexico |
Introduction:
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The site of advanced Amerindian civilizations, Mexico came under Spanish rule for three centuries before achieving independence early in the 19th century. A devaluation of the peso in late 1994 threw Mexico into economic turmoil, triggering the worst recession in over half a century. The nation continues to make an impressive recovery. Ongoing economic and social concerns include low real wages, underemployment for a large segment of the population, inequitable income distribution, and few advancement opportunities for the largely Amerindian population in the impoverished southern states. The elections held in 2000 marked the first time since the 1910 Mexican Revolution that an opposition candidate - Vicente FOX of the National Action Party (PAN) - defeated the party in government, the Institutional Revolutionary Party (PRI). He was succeeded in 2006 by another PAN candidate Felipe CALDERON.
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| Official name: |
United Mexican States |
| Capital: |
name: Mexico (Distrito Federal)
geographic coordinates: 19 26 N, 99 08 W
time difference: UTC-6 (1 hour behind Washington, DC during Standard Time)
daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October
note: Mexico is d |
| Government type: |
federal republic |
| Population: |
108,700,891 (July 2007 est.) |
| Languages: |
Spanish, various Mayan, Nahuatl, and other regional indigenous languages |
| Official Currency: |
Mexican Peso (MXN)
Current Mexican Peso Exchange Rates
Historical Mexican Peso Exchange Rates
Chart Mexican Peso Exchange Rates |
| Currency code: |
MXN |
| Area: |
total: 1,972,550 sq km
land: 1,923,040 sq km
water: 49,510 sq km |
| Climate: |
varies from tropical to desert |
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Map of Mexico
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