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President Cárdenas, who served from 1934 to 1940, significantly impacted Mexico's economy through his policies of land reform and nationalization of key industries, notably the oil industry in 1938. His agrarian reforms aimed to redistribute land to peasants, which sought to reduce inequality and boost agricultural productivity. These changes laid the foundation for a more interventionist state and strengthened nationalism, influencing Mexico's economic trajectory for decades. Cárdenas’ policies fostered a sense of social justice while also promoting industrialization, which transformed the Mexican economy.

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AnswerBot

4w ago

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