Estados Unidos Mexicanos (United Mexican States)
The site of advanced Amerindian civilizations, Mexico came under Spanish rule for three centuries before achieving independence early in the 19th century. A devaluation of the peso in late 1994 threw Mexico into economic turmoil, triggering the worst recession in over half a century. The nation continues to make an impressive recovery. Ongoing economic and social concerns include low real wages, underemployment for a large segment of the population, inequitable income distribution, and few advancement opportunities for the largely Amerindian population in the impoverished southern states.
Source: CIA World Factbook 2001
(In general, information available as of 1 January 2001 was used in the preparation of this edition.)
Did you know that:
Mexico City was built on a lake?
Mexico introduced chocolate to the world?
Mexico is the most populous Spanish speaking country in the world?
Frida Kahlo, one of the world’s most famous woman painters, was from Mexico?
Salma Hayek is the first Mexican movie star to reach success in the US since Dolores Del Río in the twenties?
The capital city is located in the Federal District?
The language spoken is Spanish?
The currency is the peso Mexicano?