It Is Estimated That in 2007, Mexico Had a Population

question 173

Multiple Choice

It is estimated that in 2007, Mexico had a population of 110 million and GDP of $1 trillion. In 2006, Mexico's population was 104 million and GDP was $839 billion. Per GDP person ________ by ________ between 2006 and 2007 in Mexico.

• A) increased; $1,038
• B) increased; 5 percent
• C) decreased; $2,013
• D) decreased; 5 percent

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Definitions:

Pastoralism

An economic system based on tending herds of large animals.

Collectively owns

The state of ownership where assets or properties are held in common by a group rather than individuals.

State/welfare capitalism

An economic system where the state plays a significant role in protecting and promoting the economic and social well-being of its citizens, often through extensive social services, and public policies aimed at wealth distribution.

Socialism

An economic and political system where the means of production, distribution, and exchange are owned or regulated by the community as a whole.