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During de la Madrid's presidency, unemployment and what else rose sharply?

  • Housing costs

  • Crime rates

  • Informal economy

  • College tuition

Answer

Informal economy thrived during de la Madrid's presidency due to the economic liberalization policies he implemented, which promoted market-oriented reforms. Privatization and deregulation measures aimed at boosting the economy had the unintended consequence of increasing informality in the labor sector. It meant that businesses operated outside of government regulations, taxes, and social security benefits.
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