Mexico frightened U.S. businessmen during the decade by privatization of the nation's oil and mineral supplies.

Name: Mexico frightened U.S. businessmen during the decade by privatization of the nation's oil and mineral supplies.
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Question

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Mexico nationalized its oil industry in 1938, which was a move away from privatization, causing concern among U.S. and other foreign investors who previously controlled significant oil operations in Mexico.

Mexico Frightened U