Similar to the United States, Mexico is a free market economy, where prices are not regulated by the government and are determined by supply and demand. In the past, Mexico's economy has been primarily influenced by agriculture. This has changed recently, as Mexico has become dominantly a service sector economy, with industry as a secondary sector. In 2005, the service sector accounts for 70% of the GDP and half the jobs, the industry sector contributes 26% of the GDP and about 25% of the labor force, and the once dominant agricultural sector only contributes to 4% of the GDP and one fifth the labor force (Economist).
Mexico relies heavily on mining and is the world's largest producer of silver. The country also has large supplies of copper, iron, ore, sulfur, lead and zinc. In addition to mining, oil has also had a profound impact on the Mexican Economy. Since the 1920's, Mexico has been one of the top five oil producing countries in the world, integrating Mexico into the......

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Title: Mexico Economy
Approximate Word Count: 494
Approximate Pages: 2 (250 words per double-spaced page)

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