How Did The Mexican Revolution Affect The Economy Of 1946-1970

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There were a number of small regional civil wars that broke out between 1910-1920. These are known as the Mexican Revolution. After the Revolution the regimes attempted to transform Mexico into an industrial power. Then is 1917 the newly written Mexican Constitution permitted the Mexican Government to expropriate property. These land reforms allowed large amounts of land to be distributed amongst the peasants. In 1938 the oil in Mexico was also expropriate. After benefiting financially from the WWII. Mexico experienced what is known as the Mexican Miracle 1946-1970. This was a time of economic growth that was due to import substitution industrialization. In the 1970’s huge oil reserves were found in the Gulf of Mexico. Then in the late 1970’s

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