The early effects of The Great depression on Mexico were directly felt by the mining sector in which the overall export price index fell by 32% from 1929 to 1932. The real value of Mexican exports fell by 75%, output by 21%, and external terms of trade fell by 50% between 1928 and 1932. Beginning around the 1890s, new industries in the U.S. Southwest—especially mining and agriculture—attracted Mexican migrant laborers. The Mexican Revolution (1910-1920) then increased the flow: war refugees and political exiles fled to the United States to escape the violence.
Answer:The early effects of The Great depression on Mexico were directly felt by the mining sector in which the overall export price index fell by 32% from 1929 to 1932. The real value of Mexican exports fell by 75%, output by 21%, and external terms of trade fell by 50% between 1928 and 1932. Beginning around the 1890s, new industries in the U.S. Southwest—especially mining and agriculture—attracted Mexican migrant laborers. The Mexican Revolution (1910-1920) then increased the flow: war refugees and political exiles fled to the United States to escape the violence.
