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Mexican economy at the first half of the 19th century was focused on subsistence agriculture and raw material extraction. This means Mexico's economy was concentrated on mining, cultivation of crops such as corn, tomato and beans and the transportation required to move such raw materials within the country. In general, the infrastructure was poor, there was no industry and the commerce and services sector was negligible as Mexico had a small population of 7.4 million by 1850. Mexico's GDP at the time is estimated at approximately US$5.6 billion by today's terms.

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13y ago

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