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 Mexican War of Independence was an armed conflict, and the culmination of a political and social process which ended the rule of Spain in 1821 in the territory of New Spain. The war had its antecedent in Napoleon's French invasion of Spain in 1808; it extended from the Grito de Dolores by Father Miguel Hidalgo y Costilla on September 16, 1810, to the entrance of the Army of the Three Guarantees led by AgustÃ­n de Iturbide to Mexico City on September 27, 1821. September 16 is celebrated ...