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What kind of country is Monaco and what is the principality?
Although it is a tiny place (smaller than the Summer Palace in China), its economic strength should not be underestimated. Monaco is a highly developed capitalist country, and its per capita income ranks among the best in the world, which can be said to be extremely rich.
Most of Monaco's population is immigrants, mainly from Italy and France, and most of these immigrants come from wealthy businessmen because Morocco has no personal income tax.
In fact, this country was a poor country before its early years, because the land was too small and the natural resources were pitiful, so it was difficult to develop. Later, since the industrial adjustment and reform, it has risen rapidly.
What industry did Monaco develop from?
The answer is the tertiary industry. As I said before, this country is so small that it is impossible to rely on agricultural development; In addition, coupled with the lack of natural resources, it is difficult to start heavy industry. Therefore, the tertiary industry has become the breakthrough of national development, especially the development of casinos, tourism and stamp industry.
Speaking of their casinos, I would like to mention the Monte Carlo Casino in Monaco, which is the most famous casino in the world and one of the most expensive tourist attractions in the world. Moreover, it is worth mentioning that the Monte Carlo Grand Casino is not accessible to ordinary people. If tourists want to visit it, they must buy tickets. What is a principality?
Principality refers to the feudal autonomous country under the kingdom. The head of the principality is called the Grand Duke, and such an autonomous country is called the Principality.
In ancient China, there were vassal states. For example, in the Western Zhou Dynasty, the vassal state with the title of feudal city was a vassal state; in the Zhou Dynasty, the vassal state was the Song State of Chen Guohe.
The principality of Europe originated from the division of Charlemagne Empire. After the collapse of the Great Empire, the nobles used their past titles to re-establish and take charge of their relatively isolated territories, with the Duke as the principality and the Marquis as the Marquis. Of course, the principality belongs to an independent country, which is different from a vassal country.
Monaco is a principality, one of the four major principalities in Europe, and the other three are Luxembourg, Andorra and Liechtenstein (countries with small population but rich life). In addition, there is the independent country of Samoa, Lance? Principality? And so on, but in the end the cited principality has not been recognized by international law.
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