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.
The Treaty of Cordova cÃ³rdova Established mexican independence From spain at the conclusion of The Mexican war Of. Independence it was signed On august, 24 1821 In, Cordoba â¦ , CÃ³rdoba. veracruz mexicohey stole Mexico's treasures like gold, and precious gems, and left nothing for them. They didn't want to obey a king that was very distant from them, they wanted to be independent because of that.