1. Mexico As A Developing Nation
... of the bottom 20 percent of the population declined in relative terms. 50 percent (Middle class) of the population income stayed relatively the same. 20-25 percent of the population (Upper middle class) income declined a little bit. 5 percent of the population (Elite class) income increased steadily. "This is the income distribution of a rapidly developing economy. The very poor get left behind ... structure, this is not a "middle class" in Western or European terms. The trends described were arrested and partially reversed by the economic crises and high inflation of the 1980's, as upp...
- Word Count: 1467
- Approx Pages: 6
- Has Bibliography
- Grade Level: High School