Economy Of Madrid
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Economy Of Madrid
After it became the capital of Spain in the 16th century, Madrid was more a centre of consumption than of production or trade. Economic activity was largely devoted to supplying the city's own rapidly growing population, including the royal household and national government, such trades as banking and publishing. A large industrial sector did not develop until the 20th century, but thereafter industry greatly expanded and diversified, making Madrid the second industrial city in Spain. However, the economy of the city is now becoming more and more dominated by the service sector. Economic history 16th to 18th centuries Seat of government After Philip II made Madrid the capital city of the Spanish Empire in 1561, the city experienced rapid growth. As Spain (like many other European countries) continued to centralize royal authority, particularly under the Bourbon monarchs, Madrid took on greater importance as a center of administration for Spain. It was sometimes described a ...
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AZCA
AZCA, an acronym for ''Asociación Mixta de Compensación de la Manzana A de la Zona Comercial de la Avenida del Generalísimo'' ("Mixed Association for Compensation of the A Block of the Commercial Area of the Avenue of the Generalisimo", now called the Avenue of Paseo de la Castellana), is a financial district in Madrid, Spain. The business district, which is located on the northern edge of the city centre, serves as one of the two main financial districts of the Madrid metropolitan area. History It is located between the streets Raimundo Fernández Villaverde, Orense, General Perón and Paseo de la Castellana. Its original conception (and its name) dates back to the ''Plan General de Ordenación Urbana de Madrid'' ( PGOU), approved in 1946. The purpose of this plan was to create a huge block of modern office buildings with metro and railway connections in the expansion area of northern Madrid, just in front of Real Madrid stadium (currently named the Santiago Bernabéu Sta ...
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Multinational Corporations
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism T ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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Francisco Franco
Francisco Franco Bahamonde (; 4 December 1892 – 20 November 1975) was a Spanish general who led the Nationalist faction (Spanish Civil War), Nationalist forces in overthrowing the Second Spanish Republic during the Spanish Civil War and thereafter ruled over Spanish State, Spain from 1939 to 1975 as a dictator, assuming the title ''Caudillo''. This period in Spanish history, from the Nationalist victory to Franco's death, is commonly known as Francoist Spain or as the Francoist dictatorship. Born in Ferrol, Spain, Ferrol, Galicia (Spain), Galicia, into an upper-class military family, Franco served in the Spanish Army as a cadet in the Toledo Infantry Academy from 1907 to 1910. While serving in Spanish protectorate in Morocco, Morocco, he rose through the ranks to become a brigadier general in 1926 at age 33, which made him the #Military career, youngest general in all of Europe. Two years later, Franco became the director of the General Military Academy in Zaragoza. A ...
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Comisiones Obreras
The Workers' Commissions ( es, Comisiones Obreras, CCOO) since the 1970s has become the largest trade union in Spain. It has more than one million members, and is the most successful union in labor elections, competing with the Unión General de Trabajadores (UGT) (historically affiliated with the Spanish Socialist Workers' Party (PSOE), and with the anarcho-syndicalist Confederación General del Trabajo (CGT), which is usually a distant third. The CCOO were organized in the 1960s by the Communist Party of Spain (PCE) and workers' Roman Catholic groups to fight against Francoist Spain, and for labor rights (in opposition to the non-representative "vertical unions" in the Spanish Labour Organization). The various organizations formed a single entity after a 1976 Congress in Barcelona. Along with other unions like the Unión Sindical Obrera (USO) and the UGT, it called a general strike in 1976, and carried out protests against the conditions in the country. Marcelino Camacho, a m ...
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Spanish Civil War
The Spanish Civil War ( es, Guerra Civil Española)) or The Revolution ( es, La Revolución, link=no) among Nationalists, the Fourth Carlist War ( es, Cuarta Guerra Carlista, link=no) among Carlists, and The Rebellion ( es, La Rebelión, link=no) or The Uprising ( es, La Sublevación, link=no) among Republicans. was a civil war in Spain fought from 1936 to 1939 between the Republicans and the Nationalists. Republicans were loyal to the left-leaning Popular Front government of the Second Spanish Republic, and consisted of various socialist, communist, separatist, anarchist, and republican parties, some of which had opposed the government in the pre-war period. The opposing Nationalists were an alliance of Falangists, monarchists, conservatives, and traditionalists led by a military junta among whom General Francisco Franco quickly achieved a preponderant role. Due to the international political climate at the time, the war had many facets and was variously viewed as cla ...
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El Banco De España, Agentes De Bolsa Haciendo Operaciones Para El Empréstito, De Franzen
EL, El or el may refer to: Religion * El (deity), a Semitic word for "God" People * EL (rapper) (born 1983), stage name of Elorm Adablah, a Ghanaian rapper and sound engineer * El DeBarge, music artist * El Franco Lee (1949–2016), American politician * Ephrat Livni (born 1972), American street artist Arts, entertainment, and media Fictional entities * El, a character from the manga series ''Shugo Chara!'' by Peach-Pit * El, short for Eleven, a fictional character in the TV series ''Stranger Things'' * El, family name of Kal-El (Superman) and his father Jor-El in ''Superman'' *E.L. Faldt, character in the road comedy film ''Road Trip'' Literature * ''Él'', 1926 autobiographical novel by Mercedes Pinto * ''Él'' (visual novel), a 2000 Japanese adult visual novel Music * Él Records, an independent record label from the UK founded by Mike Alway * ''Él'' (Lucero album), a 1982 album by Lucero * "Él", Spanish song by Rubén Blades from ''Caminando'' (album) * "Él" (Luc ...
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Pablo Iglesias Posse
Pablo Iglesias Posse (17 October 1850 – 9 December 1925) was a Spanish socialist and Marxism, Marxist Labour movement, labour leader. He is regarded as the father of Spanish socialism, having founded the Spanish Socialist Workers' Party (PSOE) in 1879 and the Unión General de Trabajadores, Spanish General Workers' Union (UGT) in 1888. Biography Iglesias was born in Ferrol, Spain, Ferrol son to Pedro Iglesias and Juana, humble parents who called him Paulino. He attended school between the ages of six and nine, when his father, a municipal laborer, died. Manuel, his younger brother, and their mother put their possessions in a small covered cart and walked with it to live in Madrid. Pablo's mother survived there by begging, and both boys entered the Hospicio of San Fernando. They completed primary schooling there, and Pablo learned printing. Aged twelve he left the Hospicio to work and to help support his mother. He worked as a printer, gradually improving his wages. While h ...
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Unión General De Trabajadores
The Unión General de Trabajadores (UGT, General Union of Workers) is a major Spanish trade union, historically affiliated with the Spanish Socialist Workers' Party (PSOE). History The UGT was founded 12 August 1888 by Pablo Iglesias Posse in Mataró (Barcelona), with Marxist socialism as its ideological basis, despite its statutory apolitical status. Until its nineteenth Congress in 1920, it did not consider class struggle as a basic principle of trade union action. Being a member of the UGT implies an affiliation to the PSOE and vice versa. During World War I era, the UGT followed a tactical line of close relationship and unity of action with the Confederación Nacional del Trabajo (CNT, National Labour Confederation). The UGT grew rapidly after 1917, and by 1920 had 200,000 members. This era came to a sudden end with the advent of the dictatorship of Miguel Primo de Rivera, who gave a legal monopoly on labor organizing to his own government-sponsored union. While the CNT ...
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PSOE
The Spanish Socialist Workers' Party ( es, Partido Socialista Obrero Español ; PSOE ) is a social-democraticThe PSOE is described as a social-democratic party by numerous sources: * * * * political party in Spain. The PSOE has been in government longer than any other political party in modern democratic Spain, namely from 1982 to 1996 under Felipe González; from 2004 to 2011 under José Luis Rodríguez Zapatero; and currently since 2018 under Pedro Sánchez. The PSOE was founded in 1879, making it the oldest party currently active in Spain. The PSOE played a key role during the Second Spanish Republic, being part of coalition government from 1931 to 1933 and from 1936 to 1939, when the Republic was defeated by Francisco Franco in the Spanish Civil War. The party was then banned under Franco's dictatorship and its members and leaders were persecuted or exiled. The PSOE was only legalised again in 1977. Historically a Marxist party, it abandoned Marxism in 1979. Just like ...
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Barcelona
Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within city limits,Barcelona: Población por municipios y sexo
– Instituto Nacional de Estadística. (National Statistics Institute)
its urban area extends to numerous neighbouring municipalities within the and is home to around 4.8 million people, making it the
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