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.
See also: Celebration of Mexican political anniversaries in 2010. The Mexican War of Independence (Spanish: Guerra de Independencia de Mexico) mÃ©xico 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