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[[file:Princesofmonacoandwales.jpg|thumb|Princesofmonacoandwales]] [[file:Johann_Josef_I_von_Liechtenstein.jpg|thumb|Johann Josef I von Liechtenstein|left]] '''Principality''' is a [[monarchical]] [[sovereign state]] or a [[territory]] ruled by a [[prince]] or [[princess]]. The term is often used to describe small, independent states or regions that are governed by a member of a royal family. Principalities can vary in size and political structure, but they typically have a [[hereditary monarchy]].
Principality of Liechtenstein


==History==
[[File:Johann_Josef_I_von_Liechtenstein.jpg|thumb|Portrait of Johann Josef I, Prince of Liechtenstein]]
The concept of a principality has its roots in the [[feudal system]] of [[medieval Europe]]. During this period, large kingdoms and empires were often divided into smaller regions, each governed by a noble or royal family member. These regions were known as principalities, and their rulers were granted the title of prince or princess.


==Modern Principalities==
The '''Principality of Liechtenstein''' is a small, doubly landlocked country situated in the heart of Europe, bordered by Switzerland to the west and south and Austria to the east and north. Despite its small size, Liechtenstein is known for its robust financial sector, high standard of living, and rich cultural heritage.
Today, there are several principalities that still exist as independent or semi-independent states. Some of the most well-known modern principalities include:


* [[Monaco]]: A small sovereign city-state located on the French Riviera in Western Europe. It is ruled by the [[House of Grimaldi]].
== History ==
* [[Liechtenstein]]: A doubly landlocked German-speaking microstate situated in the Alps between Austria and Switzerland. It is ruled by the [[House of Liechtenstein]].
The history of Liechtenstein dates back to the early 18th century when the [[House of Liechtenstein]] acquired the lordships of [[Schellenberg]] and the county of [[Vaduz]]. These acquisitions were crucial for the establishment of the principality, as they provided the necessary territorial base for the creation of a sovereign state within the [[Holy Roman Empire]].
* [[Andorra]]: A small principality located in the eastern Pyrenees mountains and bordered by France and Spain. It is a [[co-principality]] with two co-princes: the President of France and the Bishop of Urgell.


==Government and Politics==
In 1719, Emperor Charles VI decreed that the lands of Vaduz and Schellenberg would be elevated to the status of a principality, thus creating the Principality of Liechtenstein. The principality is named after the Liechtenstein family, who were elevated to princely status and have ruled the country ever since.
Principalities typically have a [[monarchical system]] of government, where the prince or princess serves as the head of state. The political power of the ruling prince or princess can vary significantly from one principality to another. In some cases, the prince or princess may have significant political authority, while in others, their role may be largely ceremonial.


==Economy==
== Geography ==
The economies of principalities can vary widely depending on their size, location, and resources. Some principalities, like Monaco, have thriving economies based on tourism, finance, and luxury services. Others may rely on agriculture, trade, or other industries.
Liechtenstein is one of the world's smallest countries, with an area of approximately 160 square kilometers. The country is predominantly mountainous, with the [[Alps]] covering much of its territory. The [[Rhine River]] forms the western border with Switzerland.


==Culture==
== Government and Politics ==
Principalities often have rich cultural traditions and histories. They may have unique customs, languages, and cultural practices that distinguish them from larger neighboring countries. Festivals, ceremonies, and other cultural events are often important aspects of life in a principality.
Liechtenstein is a constitutional monarchy headed by the Prince of Liechtenstein. The current prince is [[Hans-Adam II, Prince of Liechtenstein]], who has reigned since 1989. The political system is a parliamentary democracy, with a unicameral parliament known as the [[Landtag]].


==Related Pages==
The government is headed by the Prime Minister, who is appointed by the prince. The political landscape in Liechtenstein is characterized by a stable multi-party system, with the [[Progressive Citizens' Party]] and the [[Patriotic Union]] being the two dominant parties.
* [[Monarchy]]
* [[Feudalism]]
* [[Sovereign state]]
* [[City-state]]
* [[Microstate]]


==Categories==
== Economy ==
[[Category:Forms of government]]
Liechtenstein has a highly developed, free-market economy, with a strong financial sector that includes banking, insurance, and investment services. The country is known for its favorable tax policies, which have attracted numerous international businesses and financial institutions.
[[Category:Monarchy]]
[[Category:Political geography]]


{{Political-stub}}
The industrial sector is also significant, with companies specializing in electronics, pharmaceuticals, and precision instruments. Agriculture plays a minor role in the economy, with most of the food being imported.
 
== Culture ==
Liechtenstein has a rich cultural heritage, influenced by its German-speaking neighbors. The country celebrates various traditional festivals and events, such as the annual [[Liechtenstein National Day]] on August 15th.
 
The arts are well-supported, with numerous museums, galleries, and theaters. The [[Liechtenstein Museum]] in Vienna houses an extensive collection of art and artifacts belonging to the princely family.
 
== Also see ==
* [[House of Liechtenstein]]
* [[Vaduz]]
* [[Schellenberg]]
* [[Hans-Adam II, Prince of Liechtenstein]]
* [[Liechtenstein National Day]]
 
{{Liechtenstein topics}}
 
[[Category:Liechtenstein]]

Latest revision as of 00:48, 10 December 2024

Principality of Liechtenstein

Portrait of Johann Josef I, Prince of Liechtenstein

The Principality of Liechtenstein is a small, doubly landlocked country situated in the heart of Europe, bordered by Switzerland to the west and south and Austria to the east and north. Despite its small size, Liechtenstein is known for its robust financial sector, high standard of living, and rich cultural heritage.

History[edit]

The history of Liechtenstein dates back to the early 18th century when the House of Liechtenstein acquired the lordships of Schellenberg and the county of Vaduz. These acquisitions were crucial for the establishment of the principality, as they provided the necessary territorial base for the creation of a sovereign state within the Holy Roman Empire.

In 1719, Emperor Charles VI decreed that the lands of Vaduz and Schellenberg would be elevated to the status of a principality, thus creating the Principality of Liechtenstein. The principality is named after the Liechtenstein family, who were elevated to princely status and have ruled the country ever since.

Geography[edit]

Liechtenstein is one of the world's smallest countries, with an area of approximately 160 square kilometers. The country is predominantly mountainous, with the Alps covering much of its territory. The Rhine River forms the western border with Switzerland.

Government and Politics[edit]

Liechtenstein is a constitutional monarchy headed by the Prince of Liechtenstein. The current prince is Hans-Adam II, Prince of Liechtenstein, who has reigned since 1989. The political system is a parliamentary democracy, with a unicameral parliament known as the Landtag.

The government is headed by the Prime Minister, who is appointed by the prince. The political landscape in Liechtenstein is characterized by a stable multi-party system, with the Progressive Citizens' Party and the Patriotic Union being the two dominant parties.

Economy[edit]

Liechtenstein has a highly developed, free-market economy, with a strong financial sector that includes banking, insurance, and investment services. The country is known for its favorable tax policies, which have attracted numerous international businesses and financial institutions.

The industrial sector is also significant, with companies specializing in electronics, pharmaceuticals, and precision instruments. Agriculture plays a minor role in the economy, with most of the food being imported.

Culture[edit]

Liechtenstein has a rich cultural heritage, influenced by its German-speaking neighbors. The country celebrates various traditional festivals and events, such as the annual Liechtenstein National Day on August 15th.

The arts are well-supported, with numerous museums, galleries, and theaters. The Liechtenstein Museum in Vienna houses an extensive collection of art and artifacts belonging to the princely family.

Also see[edit]