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Image / The Mexican Stock Exchange, Mexico, ca. 1983

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Title
The Mexican Stock Exchange, Mexico, ca. 1983
Creator
Cross, Richard, 1950-1983
Date Created and/or Issued
1983
Publication Information
California State University, Northridge
Contributing Institution
California State University, Northridge
Collection
Richard Cross Photographs (Bradley Center)
Rights Information
Use of images from the collections of the Tom & Ethel Bradley Center is strictly prohibited by law without prior written consent from the copyright holders. The responsibility for the use of these materials rests exclusively with the user.
The Bradley Center may assist in obtaining copyright/licensing permission to use images from the Richard Cross collection. http://www.csun.edu/bradley-center/contact
Description
Men in suits on the floor of the Mexican Stock Exchange work through the day. Some of the men are standing, while others are talking or working on machines or desks. 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, 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.
Hombres en traje sobre el piso de la bolsa de valores en mexicana trabajan durante el día. Varios hombres estan parados mientras que otros platican o trabajan sobre maquinas o escritorios. 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 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.
Type
image
Format
Photographs
image/jpeg
black-and-white negatives
Extent
35 mm
Identifier
99.01.RCr.sl.B15.07.28.023
http://digital-collections.csun.edu/cdm/ref/collection/p17169coll1/id/4606
Subject
Documentary photographs
Stock exchanges
Place
Mexico City (Mexico)
Relation
99.01.RCr.sl.B15.07.28.023.tif
Richard Cross Photographs
California State University Northridge. University Library. Special Collections & Archives. Tom & Ethel Bradley Center

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