Colonial Mexico

Colonial Mexico, was based on what historians used to think when explaining the wealthy well organized government of New Spain. This occurred in the middle of the nineteenth century, when Mexico lost half its territory, which used to be parts of what is now the United States, this was California, New Mexico, parts of Texas, and more on the western territory. Although, according to the article 'Down From Colonialism: Mexico's 19th Century Crisis', "By the middle of the nineteenth century, the republic of Mexico not only had lost more than half its territory, nut also suffered from extreme political instability, severe economic depression, and both racial as well as class conflict." (1) Therefore, the problem of colonialization was the economy and territory, that was taken from Mexico.

New Spain was the most powerful empire in the Western Hemisphere during the 1800's, who controled the territories of present day Mexico, Central America, the Phillippines, Cuba, Puerto Rico, Florida, the coastal regions of Alabama and Mississippi, Alaska, and Western Canada. New S[ain was the most richest nation at the time, although New Spain provided two thirds of the revenue of the spanish empire, this was in 1799, for 20 million pesos, and 10 million pesos where used for their local administration and defense. Spain kept on growing in wealth power, but as a result in their colonization of the Mexican economy, where in 1806, Mexico raised 39 million pesos, sending 19 million to spain to help finance the wars in Europe,where conflicts started to arouse. The silver mines, where the main engines that made the econy grow in Mexico, "Mexico was the world's principle supplier of silver throught the colonial period." This explains how Mexico at the time was a great welathy nation, who was colonized by Spain in order to get as much welath and territory as they could, but in the end things eventually changed as Mexico was its own nation in the early 19th century. "Eighteenth century Mexico can be described as a wealthy, capitalist society whose economy was characterized by private ownership of the means of production." As a result, it was the most influential economy which contribute to the Spanish economy. In conclusion, Mexico was considered the most productive nation of the 18th century, with its exportation of silver, which helped many nations including the Europian nations when times of war, but the primary nation who colonized its economy was Spain, who controlled many nations at the time.


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