This weeks blog will be about the capital of Mexico, which is Mexico City or La Ciudad de Mexico. Mexico City is very economically important to Latin America. As we have been learning in class GDP stands for Gross Domestic Product, which means the value of all the final goods and services produced within a country in a given period of time. How this correlates with Mexico City is that, this city produces around 21.8% Gross Domestic Product of the country according to http://www.mexicocity.com/v/economy/. This city has the largest amount of banks, insures and includes the Mexican stock exchange called Bolsa Mexicana de Valores. This translates to the Mexican Stock Exchange. Mexico City also has the 30th most largest economy of all cities in the world today.
Another important fact for Mexico is the vehicle industry is growing at a very rapid pace. In Mexico City you can travel by taxi, bus subway or motor vehicle. They also have many parades and celebrations due to Cinco de Mayo the celebration of victory from the French, Dia de la the Independencia the War of Independence and many more. Mexico City has more to offer than one can see until you visit. I have been to this city many times and it is a wonderful place to site see and spend a week visiting.
When I think about Mexico I usually don’t think about a large urban metropolis. I didn’t know that Mexico City was an economic success for Mexico and generated such a large GDP. I did know that Mexico City is the second largest to Tokyo in the world by square urban area and population. I liked your post, I thought it was very informative and it seems like you know a great deal about Mexico from first hand experience.
ReplyDeleteAn expanding auto industry will help Mexico City thrive. Also, with such a rich cultural background, tourism should also help its economy.
ReplyDeleteAre you going to release all this content sometime? It looks amazing! You're giving the Mexico the proper cinematic views.
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