Outward economic growth stage 1938-1988 (mar 31, 1938 – mar 31, 1988)
Description:
Because of lack of trust in the government people stopped directing their money and economy itself towards the own country.
It is divided in 3 stages:
First stage:
"El milagro mexicano" stop de difference bewteen prize and sallary without stopping economic growth.
Second stage:
The government tried to keep a balance between economy. social order and politics.
Third stage:
The mexican peso lost value becuase the dollar went up. There was an increase of the public expenses and there was a lot of inflation.
Added to timeline:
Mexico History
Date:
