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Why is it so hard for that country to provide jobs for its own people? Is it lack of resources?

2007-06-01 15:40:32 · 5 answers · asked by TRAF 4 in Social Science Economics

5 answers

Mexico GDP is about 3% agricultural, 27% manufacturing, and 70% services. The leading commercial enterprises are food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, and tourism. I don't think it is the lack of jobs but the low pay, both because the gdp per capita is 1/4 that of the US and even more inequality in the income distribution than the US.

http://www.nationmaster.com/country/mx-mexico/eco-economy

2007-06-01 15:56:06 · answer #1 · answered by meg 7 · 1 0

Mexico "legal economy"., builds gas guzzeling SUVs, to high definition TVs, fishery, food processing, communications, media. The problem with Mexico is lot of economy is corporatist and the lack of competition in the economy create the ripoff cell rates Carlos Slim can get away with. The govemrent of Mexico like America hundreds years ago with tons of monopolies and little competition, but the people that wealthy in Mexico are living pretty good, but other fifty percent population is living in poverty there. The upper class of Mexico about 20 million of them make similar incomes to the Untied States, but the bottom 80% are barely getting by on 3 to 10 dollars a day.

2007-06-01 18:40:43 · answer #2 · answered by ram456456 5 · 1 0

Here are the name of some international mexican enterprises:

TELMEX
Sabritas
Televisa
Univision
Pemex
Cemex

You can search on the web the names of this mexican enterprises to know more about.

Mexican Carlos Slim (The second richiest man in the world)is the owner of TELMEX.

2007-06-02 01:18:29 · answer #3 · answered by Anonymous · 0 0

The biggest and most important place in Mexico is the place women go to expel babies in maternity hospitals.I think too many humans live in Mexico.

2007-06-01 15:49:07 · answer #4 · answered by Anonymous · 0 2

Sky, where did your mama go to expell you? Besides, the question is not about that. baboso, pendej, hijo de tu p..

2007-06-01 15:58:31 · answer #5 · answered by GreenGo 1 · 0 0

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