Which term describes industry partially owned by the state in the Mexican economy?

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Master the AP Comparative Government Mexico Exam. Deepen your understanding with flashcards and multiple-choice questions, each with hints and explanations. Equip yourself with the knowledge to excel in your exam!

Multiple Choice

Which term describes industry partially owned by the state in the Mexican economy?

Explanation:
Parastatals describe industry partially owned by the state in the Mexican economy. These are state‑owned enterprises created to control strategic sectors and guide development, while still operating in the market. In Mexico, PEMEX (oil) and the CFE (electricity) are classic examples, showing how the government maintained influence over key industries as part of its development strategy. The other terms don’t fit: patron-client relates to political patronage, pendulum theory to shifts in policy or ideology, and the Mexican Miracle refers to a period of growth, not ownership of industry. So parastatals is the best fit.

Parastatals describe industry partially owned by the state in the Mexican economy. These are state‑owned enterprises created to control strategic sectors and guide development, while still operating in the market. In Mexico, PEMEX (oil) and the CFE (electricity) are classic examples, showing how the government maintained influence over key industries as part of its development strategy. The other terms don’t fit: patron-client relates to political patronage, pendulum theory to shifts in policy or ideology, and the Mexican Miracle refers to a period of growth, not ownership of industry. So parastatals is the best fit.

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