Why did Mexican leaders adopt the free market economic systemand what happen to the Mexican economy whenthey did?

Mexican leaders adopted the free market economic system in the 1980s and 1990s to stimulate economic growth, attract foreign investment, and reduce the inefficiencies of state-controlled industries. This shift led to significant economic liberalization, including trade agreements like NAFTA, which boosted exports and integrated Mexico more closely with the global economy. However, the transition also resulted in increased economic inequality and vulnerability to external shocks, culminating in a financial crisis in 1994. Ultimately, while the reforms fostered some growth, they also exposed structural weaknesses in the economy.