The history of Mexican cinema parallels and is inexorably connected to the social and political history of twentieth-century Mexico. Emerging during the modernization project of President Porfirio Díaz (1898–1910), Mexican cinema documented the pomp and circumstance of that dictatorship. It followed the various armies of the Mexican Revolution of 1910–1917 into battle and participated in the post-Revolutionary construction of the nation. Since 1930, the industry's national and international successes and failures have been dependent on the state's ever-changing relations with the United States and on the loyalty and support of its domestic audience. Recently, a number of films have experienced unprecedented international critical and economic success. Yet production levels remain historically low and the bulk of financing is dependent on cautious private investors. Like many national film industries, Mexican cinema faces an uncertain future in the face of the increased globalization of Hollywood.