The main reason Cárdenas nationalized Mexico's oil industry was to:
A. curtail foreign investment in this key resource.
B. end corruption within private oil businesses.
C. enable the country to get direct benefit from its vast supplies.
D. better protect the environment and land in the country.
Answer (1)
Cárdenas nationalized Mexico's oil industry mainly to enable the country to receive direct benefits from its resources. This decision aimed to shift profits from foreign companies to the Mexican government for better economic development. Nationalization significantly changed Mexico's oil landscape and asserted its sovereignty over natural resources. ;
