industrial force in the world today. Brazil allowed foreign competition and investment into their industries in the early 1990’s (256). Mexico became a member of the North American Free Trade agreement in the early 1990’s (219). Both of these economic moves have helped stimulate economic growth. However, both countries still face problem of internal regional and social inequalities (222, 256). In Mexico certain areas of the country have not really benefited from the on going economic developments. The Chiapas, which has a mostly Amerindian population, consists mainly of peasant farmers surviving by subsistence farming. Fifty-three percent of the people in Mexico live in extreme poverty (222). Brazil has also seen astonishing increases in the number of people living in poverty. There has been a fifty percent increase in the number of people living in poverty (256). Both Mexico and Brazil will have to work towards a more balanced distribution of wealth in the years to come. Bibliography...
