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.
A man who was very important in Mexico in the early 19th century was Antonio LÃ³pez de Santa Anna. He was the president of Mexico 11 times. When he became a dictator, Texas declared independence (1836). The Battle of the Alamo was part of this Texas Revolution. Between 1846 and 1848 there was war between Mexico and the United States. In this war Mexico lost its large northern areas, which became the southwestern United States.