In 1982, Mexico Could Not Pay the Interest on Its

question 40

True/False

In 1982, Mexico could not pay the interest on its $60-billion debt and defaulted, ending a long period of a massive debt crisis.

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Definitions:

Ethnic Identities

The aspect of individuals' self-conception and sense of belonging that is rooted in membership within a specific ethnic group.

Critical Race Theory

The study of the relationship among race, racism, and power.

Racism

Racism is a belief system or practices that regard different races as inherently superior or inferior to each other, often resulting in discrimination and prejudice based on racial or ethnic characteristics.

Power

The ability or capacity to influence or control the behavior of others, often through the possession of knowledge, wealth, or force.