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No one controlled all the wealth and resources. Wealth was concentrated in the hands of rich landowners and of entrepreneurs. Many of the former were patricians, who were the landed aristocracy. The latter were the equites (equestrians) who were bankers, moneylenders, merchants and investors in shipping and mining. The engine of wealth were the thriving trading networks in the empire and beyond. Trade was carried out by private firms and individuals. The state run some landed estates and some of the mines.
The Mexican Revolution was brought on by, among other factors, tremendous disagreement among the Mexican people over the dictatorship of President Porfirio Diaz , who, all told, stayed in office for thirty one years. During that span, power was concentrated in the hands of a select few; the people had no power to express their opinions or select their public officials. Wealth was likewise concentrated in the hands of the few, and injustice was everywhere, in the cities and the countryside alike.
Hands
Communism is an economic system almost the opposite of capitalism. Capitalism is the ownership of property and the means of production and wealth is in the hands of private entities. Communism is ownership of property and the means of production by the government and wealth shared with all.
Wealth became concentrated in the hands of foreign investors and a small Mexican elite. Most Mexicans lived in poverty, and oppositon to Diaz grew steadily. In 1910 Porfirio Diaz ran for re-election. As in earlier elections, Diaz controlled the outcome. Just before the election began, he jailed his opponent Francisco Madero. When the ballots were counted, Diaz claimed to had earned a million votes and Madero had earnedfewer than 200.
Roughly speaking due to Guanxi, it is actually concentrated in the hands of "a relatively few" individuals.
Wealth is heavily concentrated in Latin America, as the vast majority of people are poor while only a few are immensely rich.
concentrated
Wealth in Europe is more concentrated, as wealth in all capitalistic countries are (European countries are mainly capitalist).
Wealth in Europe is more concentrated, as wealth in all capitalistic countries are (European countries are mainly capitalist).
Growth of big business is given as a cause for the concentration of wealth in the 1800s.
It is less concentrated than in the USA, but more concentrated than in Europe.
Checks and balances is a system that counterbalances influences of an organization to ensure that power is not concentrated in a few hands or groups of people.
Hands
The Mexican Revolution was spurred by unrest about the dictatorship of President Porfirio Diaz. At the time, power and money in Mexican society were concentrated in the hands of a few.
It derives from greek meaning a few in command and can be any privileged and concentrated power in the hands of a small group. The group can derive from wealth, status, royalty, merit, military or corporate channels. Many people believe we are coming into an age of corporate oligarghy or "corporatism" where financial institutions have inordinate power over political institutions.
No one controlled all the wealth and resources. Wealth was concentrated in the hands of rich landowners and of entrepreneurs. Many of the former were patricians, who were the landed aristocracy. The latter were the equites (equestrians) who were bankers, moneylenders, merchants and investors in shipping and mining. The engine of wealth were the thriving trading networks in the empire and beyond. Trade was carried out by private firms and individuals. The state run some landed estates and some of the mines.