1970 and Statization
In 1970, President Luis Echeverría began his term by declaring land reform dead. In the face of peasant revolt, he was forced to backtrack, and embarked on the biggest land reform program since Cárdenas. Echeverría legalized take-overs of huge foreign-owned private farms, which were turned into new collective ejidos.
Read more about this topic: Agrarian Land Reform In Mexico