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What type of economy does mexico have?

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The economy of Mexico is the 15th largest in the world in nominal terms and the 11th largest by purchasing power parity, according to the International Monetary Fund. Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals. read more

Mexico’s economic freedom score is 64.8, making its economy the 63rd freest in the 2018 Index. Its overall score has increased by 1.2 points, with improvements in trade freedom, investment freedom, and fiscal health outpacing declines in business freedom and government integrity. read more

Conclusion: Mexico is a mixed economy as they do have a capitalist view of industry whilst harboring a socialist view towards social welfare programs and healthcare. Mexico may have a relatively less effective mixed economy than EU countries due to their tendencies to abide by capitalistic ideologies in preference to the respective socialistic ideologies. read more

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