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Mexico lived in ideal circumstances for industrialization. The conditions that allowed the accelerated growth of the economy were the origin of the import substitution model that Mexico maintained for several decades since the end of the war. Economically, Mexico's actions in World War II cost the country approximately three million dollars. [24]
The Oxford Companion to World War II (2005), comprehensive encyclopedia for all countries; Eccles, Karen E. and Debbie McCollin, eds. World War II and the Caribbean (2017) excerpt; Frank, Gary. Struggle for hegemony in South America: Argentina, Brazil, and the United States during the Second World War (Routledge, 2021). Friedman, Max Paul.
Mexico supplied labor to the U.S. via the Bracero Program, but its most significant contribution was in its supply of material to fight the war. It received cash payments for its material contributions, which meant that following the war the Mexican treasury had robust reserves. Although a participant in the war, like the U.S., Mexico was not a ...
Mexican guest workers arrive in Los Angeles as part of Mexican participation in World War II via the Bracero Program, freeing U.S. labor to fight overseas. Los Angeles, CA, 1942. Mexico's inward-looking development strategy produced sustained economic growth of 3 to 4 percent and modest 3 percent inflation annually from the 1940s until the 1970s.
The two nations were twice on the opposite sides of 20th century conflicts: first in the Spanish Civil War from 1936 to 1939, and later during World War II from 1942 to 1945. Mexico established relations with both halves of partitioned Germany in 1952 and maintained the relationship through the German reunification in 1990.
Mexico formally declared war on the Axis Powers in support of the Allies on May 22, 1942, following losses of oil ships in the Gulf of Mexico, most notably the Potrero del Llano and the Faja de Oro, to German submarine attacks. [1] [2] After its declaration of war, Mexico was active in convincing other Latin American states to support the ...
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[74] According to Marc Becker, a Latin American history professor of Truman State University, the claim of the presidency by Juan Guaidó "was part of a U.S.-backed maximum-pressure campaign for regime change that empowered an extremist faction of the country's opposition while simultaneously destroying the economy with sanctions."