Mexico is most known for its various exported goods, such as produce, electronic equipment and precious stones. Also, it's a popular tourist destination, with numerous historical sites and beautiful natural landscapes. Many of the most visited cities feature either beaches or remnants of ancient civilizations.Continue Reading
Mexico provides numerous exports to both the United States and China, totaling over $380 billion in 2013, according to the International Monetary Fund’s World Economic Outlook Database. Its most profitable exports are centered on manufacturing, specifically the production of machinery, and electronics, such as televisions and cars.
Mexico has a lower minimum wage than countries like the U.S., as well as numerous government-imposed incentives for foreign businesses looking to reduce their manufacturing costs. This results in a significantly lower cost, per unit, in Mexican manufacturing plants compared to other countries, leading many businesses to outsource manufacturing to Mexico.
In addition, its unique location to numerous natural resources allow for year-round excavation of precious stones and gems, as well as the harvesting of pearls along its coastlines.
The beaches along the majority of the country, coupled with its close proximity to the Equator, also make it a prime vacation spot during all seasons. Cabo San Lucas and Playa del Carmen contain numerous resorts, some of which are frequently visited by celebrities.Learn more about Mexico
Portions of California, Arizona, New Mexico, Nevada and Utah previously were part of Mexico. Texas, Colorado and Wyoming also contain land formerly belonging to Mexico.Full Answer >
Mexico is located on the continent of North America. It is bordered by the United States on the north, the Gulf of Mexico on the east, the North Pacific Ocean on the west and Guatemala and Belize on the south.Full Answer >
Mexico is famous for many things, ranging from tourist attractions and exotic getaways to drug cartels and chocolate. For instance, Mexico boasts Los Cabos, one of the most famous beaches in the world.Full Answer >
Mexico City, Mexico, is one of the largest cities in the world. It was founded as the home of an ancient empire, was built on a lake and is now sinking. The federal district of Mexico City covers an area of 573 square miles.Full Answer >