This module contextualizes a ten pesos Mexican banknote (1823) printed on an eighteenth century Catholic bull, according to the timeline of Mexican history. It is geared toward jr. high or high school students.
One of the interesting documents available on the
Our Americas Archive Partnership site is a ten pesos Mexican banknote. This banknote was put into circulation in May 1823, after the fall of Agustin de Iturbide’s First Mexican Empire. It is important to contextualize this document within Mexican history in order to understand its importance.
Independence, empire, and the republic of mexico
Mexico’s War of Independence from Spain began on September 16, 1810 and ended in 1821. In 1821, after the proclamation of the
Plan of Iguala (in February) and the
Treaty of Cordoba (in August of the same year), which recognized Mexican independence from Spain, Agustin de Iturbide was proclaimed President of the Regency. Not long afterward, in May 1822, Iturbide crowned himself First Emperor of Mexico. Iturbide abdicated his throne in March 1823, after the signing of Antonio Lopez de Santa Ana’s Plan of Casa Mata, which sought to reinstate the Mexican Congress, declare the empire null, and no longer recognize Iturbide as the emperor.
Agustín de iturbide
Iturbide , President of the Regency and 1
st Emperor of Mexico
Stephen f. austin and the colonization of texas
Before the conclusion of Mexico’s War of Independence, Moses Austin received a land grant for the colonization of Texas. His son, Stephen F. Austin, began to fulfill these plans after his father’s death in December 1821, but was impeded by Iturbide’s provisional government, established after independence. This new government refused to recognize this grant; they preferred to pass an immigration law in its place. As a result, Austin travelled to Mexico City to ask Iturbide and his rump congress to approve his land grant. After Iturbide’s abdication and the fall of the First Mexican Empire in 1823, Austin had to ask the Mexican Congress once again to recognize the original land grant for colonization (Barker).
Brief history of mexican currency
The history of currency in Mexican is situated within the nation’s turbulent history. During the War of Independence New Spain’s mines– which supplied the gold, silver, and copper for minting coins– were abandoned. Due to the poor economic situation and the abandonment of the mines, Mexico turned to paper currency (or banknotes) in 1822, during Emperor Iturbide’s reign. The general public, however, was used to using coins and, consequently, rejected these banknotes (“Conoce la historia”).
After the fall of the Empire in 1823, the new Mexican Republic retired the imperial banknote from circulation as part of their efforts to reestablish the public’s trust in the government’s financial management. The poor economic situation, however, did not improve and the government decided to print paper currency or banknotes, once again (“Conoce la historia”).
Ten pesos
Ten pesos (1823) Mexican banknote, issued by the National Treasury
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost
6% more than previous year? Provide with reasoning.
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Good day
How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200.
Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ma management ho
Amisha
ahile becheclor ho
Amisha
hjr ktm bta ho
ani k kaam grnu hunxa tw
Amisha
belatari
Amisha
1st year ho
Amisha
nd u
Amisha
ahh
Amisha
kaha biratnagar
Amisha
ys
Amisha
kina k vo
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9
no Mpc is greater than 1
Y=100+.9Y+50
Y-.9Y=150
0.1Y/0.1=150/0.1
Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question
If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output?
discuss your answer using appropriate graph.
