Import Substitution Model and the Mexican Miracle

​Import Substitution Model and the Mexican Miracle

• 1917 Constitution is established

• Some of the achievements of the Revolution are palpable

• A religious armed struggle

• Maximato

• Cardenismo - Oil expropriation

1920 -1940

Multiple Choice

The first president of Mexico after the Revolution

• Plutarco Elías Calles

• Álvaro Obregón

• Victoriano Huerta

• Venustiano Carranza

Multiple Choice

Armed movement in defense of religion during Plutarco Elías Calles, which was solved after civilians and religious authorities reached an agreement.

• Cristero war

• Crusades

• Holy war

• Reform war

BASIC INDUSTRY

IMPORT SUBSTITUTION

CONSEQUENCES

CAUSES

Match

Match the following

• Import substitution

• Consequences

• Cause

• Basic industry

Substitution of foreign products for ones manufactured locally

Urban development and economic growth

The economic crisis of 1929 and WWII

19th century and the first half of the 20th

• Substitution of foreign products for ones manufactured locally

• Urban development and economic growth

• The economic crisis of 1929 and WWII

• 19th century and the first half of the 20th

From the Mexican Miracle to Petrolization of the Economy

The increasing development of the Mexican economy from 1940 to 1952 came to be known as the “Mexican miracle”. When Cardenism ended, the government began concentrating on the economic growth of the country. The “Mexican miracle” was achieved by both the import substitution model and the war economy, in which the world’s most powerful countries were involved due to World War II. During this period domestic production increased 3 times, the Mexican business class surged and the Mexican middle class grew.

The war led to an increase in the external demand for certain Mexican products such as steel, paper, and cement. But most importantly, oil.

The “Mexican miracle” occurred during the mandates of Manuel Avila Camacho to Gustavo Díaz Ordaz.

However, this was insufficient to consolidate the country's economy. During Cardenismo the focus was on the nationalization of Mexico's oil industry but we were not able to compete with other industrialized countries which had the capacity to turn crude oil into industrial products such as fuel.

Multiple Choice

Elected president with the approval of "the maximum leader" that finally ended the Maximato.

• Manuel Ávila Camacho

• Adolfo Ruíz Cortines

• Lázaro Cárdenas

• Miguel Alemán Valdés

Drag and Drop

The increasing development of the Mexican economy from 1940 to 1952 came to be known as the “​

Placeholder

”. This was achieved by both the import substitution model and the ​

Placeholder

. The war led to an increase in external demand mostly from ​

Placeholder

. However, this was ​

Placeholder

to consolidate the country's economy. Mexico didn't have the capacity to turn crude oil into ​

Placeholder

such as fuel.

Drag these tiles and drop them in the correct blank above

Mexican miracle

war economy

oil

insufficient

industrial products