Question

Please complete a SWOT Analysis for Mexico in paragraph form. Please be as detailed as possible

Answer 1

SWOT is a framework used to analyze from within i.e not considering ecternal factors. its ful form is Strength, weakness, Opportunities, and threats.

For the country Mexico, The SWOT can be as below

Strengths : Mexico shares border with the US, thus can be easy to do business with the largest economy.

Growing working class which can be a boon for the country and help in economic growth

Demographic dividend: the country has majorly young population and thus there is less burden on economy.

Weakness: Political instability, the governments are instable and there is instability in terms of rule and regulation

Drugs: the country is into drugs and thus not able to channelize the full potential in economic upliftment

Opportunities: Untapped Natural resources : there is lots of oil and minerals avaialble in the country which is not yet explored and can be a potential growth trigger for the country.

Education: if the country invests in primary and secondary eductaion the young population can contribute to the country's growth.

Trade: the country has not fully started trade with other nations and needs to explore that.

Threats: It can be economic slowdown in the US and the world in general

Gang wars in drug afflicted areas and thus internal conflict

Political breakdown due to instable political conditions