Answer: The right answer is: Sent Japanese observers to other nations to learn important industry advancements.

Shifting out of low-productivity agriculture into high productivity manufacturing, mining, and construction contributed to total factor productivity growth.

Committed to modernizing schools so that students could eventually learn the new industrial way of life Developed Japanese versions of trade and industry that differed from other nations Resumed the preindustrialized ways of producing textiles and farming Sent Japanese observers to other nations to learn important …

Factories were built, infrastructure was developed, and the Japanese economy quickly transitioned. While Japan did build a diverse range of industries, from textiles to steel, one of their most prominent focuses was on building an industrial military.

A number of factors contributed to Japan’s rapid economic growth, including its starting point. World War II ruined Japan’s economy, killing millions of its people and destroying about 40 percent of its capital stock. Groups need time to reorganize and begin to seek privileges, and meanwhile, the economy grows faster.

How did the Japanese speed up industrialization in their country? Emperor Meiji reached out to other countries and sent representatives to learn about new technologies and new methods of production. They rapidly built communication and transportation networks. As a result, the economies of both countries also grew.

Decimated populations, diminished herds of livestock, flooded or closed silver mines, shrinking international trade, investment capital and empty national treasuries were among the conditions under which Latin American faced.

Latin America, like much of the developing world, will have to face serious challenges in the current century. Environmental changes, persistent inequality, and increasing violence force millions of people throughout the region to live in a constant state of uncertainty.

Numerous factors have caused the immensely high crime rates in Latin America. Two significant factors that have been influencing violence are high poverty rates and consistently high amounts of drug trafficking.

Several countries located in Central America and the Caribbean Basin registered some of the highest homicide rates in the Latin American region in 2018. El Salvador ranked first, with around 52 homicides committed per 100,000 inhabitants. Jamaica came in second, with 43.9 homicides per 100,000 people.

The main exports from Latin America are agricultural products and natural resources such as copper, iron, and petroleum.

Petroleum

South America’s major exports, in terms of value, are mostly primary commodities, including foodstuffs and plant products, fuels, and raw materials. Within the first group the most important commodities are sugar, bananas, cocoa, coffee, tobacco, beef, corn, and wheat.

The graph below shows the contribution of the industrial sector since 1980 to Mexico’s gross domestic product based on World Bank data. The most well-known and developed industries in Mexico are the automotive, electronics and oil industries.

Mexico has the ninth-largest economy in the world. Its main industries are food and beverages, tobacco, chemicals, iron and steel, petroleum, clothing, motor vehicles, consumer durables, and tourism. It is a major exporter of silver, fruits, vegetables, coffee, cotton, oil and oil products.

Economy of Mexico

Mexico: fastest growing industries 2019-2020. Electronic components manufacturing was forecast to be the fastest growing industry in Mexico, exhibiting an 7.1 percent revenue growth rate between 2019 and 2020. Audio and video equipment manufacturing followed with a 6.6 percent growth.

Mexico produces large quantities of maize (corn), coffee, sugar cane, beans tomatoes and avocados. Mexico also produces tropical products such as sugarcane, bananas, pineapples, papayas, mangoes, coffee and cacao.

In the period between 2010 and 2018, the Mexican economy grew at an average of 2.8%, however, due to the fall in oil prices in 2019 and the global economic crisis caused by COVID-19 in 2020, the economy has been affected in recent years It is foreseen that it will grow during 2021. …

Main crops include corn, sugarcane, sorghum, wheat, tomatoes, bananas, chili peppers, oranges, lemons, limes, mangos, other tropical fruits, beans, barley, avocados, blue agave and coffee. The most important crops for national consumption are wheat, beans, corn and sorghum.

2019 Forbes list

Mexico’s National Minimum Wage Commission announced its decision to increase the general minimum daily wage to $141.70 Mexican pesos (approximately US$7.10) in 2021. The 15 percent increase is intended to recover purchasing power in Mexico and meet international expectations.

Carlos Slim Helú

Factors such as Mexico’s outsized informal economy, a historically depressed minimum wage, and persistently low wages in formal jobs mean the pay hike leaves much of Mexico’s working poor untouched. And the change has little potential to lift minimum wage earners out of poverty.