in what way did the north american free trade agreement come at a good time for mexico
Effects of NAFTA on Mexico When NAFTA was being developed to include Mexico, the developers of the deal presented it as way to create more middle class jobs in Mexico by increasing development and investment in Mexico.[1] This deal followed a trend of increased neo-liberal policies in Mexico that ultimately made the implementation of NAFTA possible.[2] Placed in the larger context of Mexican economic liberalization, NAFTA represents another step in the historic transformation of the Mexican economy from protectionist to open to trade.[3] The passage of NAFTA represented an important moment for Mexico and the United States, as it represented a tying together of the two economies in a way that had never been done before between two relatively economically unequal countries.
New Mexico Inhabited by Native Americans for thousands of years before European exploration, it was colonized by the Spanish in 1598 as part of the Imperial Spanish viceroyalty of New Spain. In 1563, it was named Nuevo México after the Aztec Valley of Mexico by Spanish settlers, 223 years before the establishment and naming of the present-day country of Mexico; thus, the present-day state of New Mexico was not named after the country today known as Mexico.[7][8] Its geographic characteristics made settlement and effective political control difficult which prompted Mexico's invasion and control of the area from 1824 to 1846. New Mexico's Spanish origins made cultural integration with Mexico unsuitable, which sparked the Revolt of 1837 and a growing economic association with the expanding United States. The 1848 Mexican–American War indirectly capitalized on this tension and created the U.S. New Mexico Territory. It was admitted to the Union as the 47th state on January 6, 1912.