Mexican Culture / Practices

Mexican Culture 2012

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Table of Content
      Mexico Overview (economics/ culture) Mexico

Mexico Overview

Key Data
      

Population GDP per capita (PPP) PoliticalSystem Literacy rate (% of adult population) Life expectancy years % of people feel safe % of people find others trustworthy

112,000,000 $15,114 Federal Republic 93.44% 75.3 53.2% 29.1%

Source:INEGI 2011

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Mexico Overview Continues
Social and Macroeconomic Indicators
2007 Budgetary Revenue Exports Remittances (Million USD) Population (millions) USD Exchange rate 22.2% 8.8% $ 26.052008 23.6% 7.2% $ 25.13 2009 23.6% -21.1% $ 21.1 8 2010 22.0% 23.4% $ 20.08 2011 21.8% 6.2% $ 21.0 1 109. 20 $ 12.6 0 2012 21.8% 6.0% $ 25.9 9 110. 00 $ 13.1 04

103.00 $ 10.90

106.70 $ 13.80107.60 $ 13.1 0

108.40 $ 12.50

Mexican Culture
 Mexican people have difficulties separating work and personal relationships, and are sensitive to differences of opinion  There is a lack of HSEculture, people do not take care of their own wellbeing  Usually young people leave their parent’s house when they get married (around 25 years old)  Title and position are more important thanmoney in the eyes of society  Etiquette and manners in Mexico are seen as measure of breeding. “Old world” formality

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Mexican Overview Continues
• Mexicans are friendly and kind to foreigners •Mexican people use to have contact in a personal basis • Mexican looks for close relationships and confidence with those doing business with and/ or co-workers • Mexican culture is very nationalistand keep on respecting old traditions and celebrations. Mexican in general are reluctant to settle outside of Mexico • 76% of the population is Roman Catholic • Dress and grooming are status symbols •Management style is much more hierarchical than in US and Canada. Employees are reluctant to say “no” to their superiors
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Mexican Labor Framework
There are basically two federal laws that...