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Description
A man wearing a long sleeve button up and pants in the back plays the violin. A woman sits in front of the man with a small child wrapped in a cloth and holds a smobrero hat for as she hopes for tips. The 1980s are considered the "lost decade" because of Mexico's debt crisis. This was due to the falling oil prices that left Mexico without foreign currency to pay off its $80 billion debt. This in effect, increased high levels of unemployement. In 1981, 52.5 percent of households in Mexico were considered poor. This in effect, increased high levels of unemployement, which also contributed to high levels of immigration from Mexico to the United States during that decade. In 1981, 52.5 percent of households in Mexico were considered poor. Un edificio de gran altura en la Ciudad de México. Los vehículos debajo del edificio van en dos direcciones. Los años ochenta fueron considerados la "década perdida" debido a la crisis de deuda de México. Esto se debió a la caída de los precios del petróleo que dejó a México sin divisas para pagar su deuda de $ 80 mil millones de dolares. Esto, en efecto, aumentó los altos niveles de desempleo y contribuyó grandemente al crecimiento de la inmigración de mexicanos hacia los Estados Unidos durante esa decada. En 1981, el 52.5 por ciento de los hogares en México se consideraban pobres.
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