Answer :
Final answer:
The Mexican Miracle era in Mexico from 1930 to 1970 brought about significant economic growth through protectionist policies and infrastructure upgrades. Trade liberalization, NAFTA, and economic reforms further propelled Mexico into the global economy.
Explanation:
The Mexican Miracle was a period of significant economic growth in Mexico from 1930 to 1970, characterized by a sixfold increase in the gross domestic product (GDP) and a doubling of the population. This era saw the implementation of protectionist economic policies that led to booming industries and infrastructure upgrades.
Trade Liberalization further boosted Mexico's economy as free trade agreements were signed with various countries, making Mexico a prominent player in international trade. NAFTA and economic reforms contributed to integrating Mexico into the global economy.
Economic Reforms and NAFTA enhanced Mexico's industrial capacity and led to the country's increased participation in the global economy, marking a crucial period in Mexico's economic history.
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