Updated October 25, 2016. Definition: A budget deficit is when spending is greater than the revenue received for that year. That's known as deficit spending. The national debt is the accumulation of each year's deficit. When revenue exceeds spending, that creates a budget surplus.
Quick Answer. Mexico gained independence from Spain on Sept. 27, 1821. On Sept. 16, 1810, Miguel Hidalgo y Costilla declared independence from Spain by issuing the Grito de Dolores and launched the Mexican War of Independence. The war ended with the signing of the Treaty of Cordoba on Aug. 24, 1821.
Without the coat of arms, the Mexican flag looks like the Italian flag, although it is longer and the colors are of a darker shade. History of the Flag: Mexico gained its independence from Spain in 1821.The army formed after the struggle for independence was known as the Army of the Three Guarantees, and their flag was white, green and red with three yellow stars. The first flag of the new republic was modified from this one.istory of the Flag: Mexico gained its independence from Spain in 1821. The army formed after the struggle for independence was known as the Army of the Three Guarantees, and their flag was white, green and red with three yellow stars. The first flag of the new republic was modified from this one.