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The rules didn’t change overnight, but the leverage did.

On February 5, 1917, Mexico adopted a new constitution that placed land and subsoil resources under national ownership, quietly reshaping how foreign companies operated inside its borders. Led by Venustiano Carranza, Article 27 altered the balance of power for oil, mining, and energy firms, turning long-term contracts into political risk and forcing global investors to confront sovereignty as a business constraint. The shift became a lasting example of how legal frameworks, not force, can redraw entire markets.

From bsnsHistory, the daily podcast about the moments when business quietly reshaped the world.

Written and hosted by Ron Trucks. Research and editing by Rodney Russ. Sound design by Angela Cahoy. Music by Cody Martin and Soundstripe.

For more daily business stories, visit www.bsnsDAILYpodcasts.com

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