Download Mexico - Midland ISD

Mexico
Grade 6, Unit 1, Lesson 3
©2012, TESCCC
©2012, TESCCC
©2012, TESCCC
Key Understanding
Interaction between a country’s government,
its economic system, and the factors of
production often determines the level of
economic development in a country.
Let us explore Mexico’s level of
economic development.
First, we need to understand the factors of
production.
©2012, TESCCC
Mexico
©2012, TESCCC
Mexico’s
Economic
System: Free
Enterprise/Free
Market Economy
Defined: Inputs used
in the production of
goods and services
Factors of
Production
Examples
Land
Labor
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Capital: $$
Entrepreneurs
(People willing to
invest)
Mexico
• Information About Mexico
1. In groups of three, read the summary
introductory paragraph from the web link
above.
2. Read and gather information for your
folded paper organizer.
3. Remember to focus on the economy,
history and government.
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Mexico’s Government
• Three branches of government: Executive,
Legislative and Judicial
• President is elected for only one term
(serves a total of 6 years and may not
serve again)
• Two political party system
• Unfortunately, corruption within the
government decreases the number of
outside investors.
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Mexico’s Economy
• Monetary Policy: historically
Mexico has increased (printed
more) money supply creating
inflation and a devalue of their
money.
• Lack of economic freedom
(freedom to compete and
protection of people)
• Corruption keeps the economy
from growing because foreign
investors are fearful of the
instability.
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• Manufacturing industries
may take raw materials, buy
materials from wholesalers, or
buy materials from a retailer to
make new products. –
manufacturing in Mexico
(Examples: clothing, toys, cars,
houses, etc.
• Service industries provide
intangible goods directly to the
public, not final products –
maquiladoras in Mexico (they
provide labor, but companies
are not Mexican), tourism as
one of biggest industries after
oil production.
Mexico’s Economy
What determines the level of economic development for
a country?
• Life Expectancy: the average number of years
remaining in the life span of a person. (In Mexico– 76)
• Gross Domestic Product: a measure of the economy;
the total market value of goods and services produced
within a country per year. (In Mexico– 1.1 trillion)
• Gross Domestic Product per capita: this indicates the
people’s standard of living; it is the country’s GDP
divided by the number of people in the country. (In
Mexico– $14,700)
• Literacy: the ability to read and write (In Mexico– 86%)
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What is important to contemporary Mexico?
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• Muralists Diego Rivera, Jose Clemente
Orozco, and David Alfaro Siqueiros were
important artists in 20th century.
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What stories do murals tell?
• The mural tradition continues today, as
shown in the mural we saw painted on the
fence.
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.
Artist Hector Duarte, who lives in Chicago, has
turned his home into a giant mural representing the
struggles of a Mexican immigrant
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This is a ________________ that illustrates
__________________________________.
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Evaluation: Performance
Indicator
©2012, TESCCC
Corn
• Corn was first domesticated in Mexico
about 8,700 years ago, around 6700 BC
• The story of corn is the story of Mexico.
• Public art in Mexico has a long history,
predating European exploration
• Murals are one medium used to
communicate with the people.
©2012, TESCCC