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Monaco is the second smallest sovereign state in the world. It is recognized as the wealthiest and most expensive place in the world. A haven and playground for the wealthy, Monaco offers plenty of luxury activities to do, such as gambling and watching prestigious racing competitions.
See the fact file below for more information on the Monaco or alternatively, you can download our 25-page Monaco worksheet pack to utilise within the classroom or home environment.
Key Facts & Information
- Monaco’s name comes from the word “Monoikos” from Greek, which means “single house”, which explains the sense of people living apart from others.
- Based on an ancient myth, Hercules visited the Monaco area. A temple was constructed there to pay tribute to him, and named the temple of Hercules Monoikos. Because this temple was the only temple built in the area, the city was called Monoikos.
- In 1297, Francesco Grimaldi from the Grimaldi House became the first ruler of Monaco. His family reigned for almost 100 years, before Monaco was handed over to the Crown of Aragon in the late 1300s. Aragon later became part of Spain, and other parts of the land were dispersed into various kingdoms and nations.
- In 1419, the Grimaldi family made their comeback and purchased Monaco from the Crown of Aragon, and became the official rulers of “the Rock of Monaco”. The House of Grimaldi is Italian and joined into marriage commitments with French and Italian royal nobles.
- In 1793, the revolutionary forces from the French Revolution captured Monaco and made the country under French control until 1814.
- In 1861, Monaco gained its sovereignty after signing the Franco-Monegasque Treaty. 8 years later, the hard work of the Grimaldi family establishing their successful casino business made the country become tax-free.
- Monaco is between France and the Mediterranean Sea. The total area is just under two square kilometres. The country is divided into four traditional quartiers: Monaco-Ville, La Condamine, Monte Carlo, and Fontvieille.
ECONOMY OF MONACO
- Monaco has the world’s’ highest GDP nominal per capita, with an unemployment rate of 2%. According to the CIA World Factbook, Monaco has the highest number of millionaires and billionaires per capita in the world.
- Tourism is one of Monaco’s main sources of income. Every year, tourists come to Monaco to enjoy its casino, international sport events, and warm climate. Monaco is also known as the home of private banking centers, which offer asset and wealth management services to the richest people in the world.
- Monaco tax regulations only focus on high social insurance taxes that are charged to employers, by cutting the portion between 28-40% of gross salary. Since Monaco has never levied income tax on individuals, many foreigners apply to become Monaco residents in order to avoid paying taxes for their own country’s high tax policies.
DEMOGRAPHICS OF MONACO
- Considering its micro-sized area, the total population of Monaco is 37,000. French is the official language, and Christianity is the major religion. The average life expectancy of Monaco citizens is around 75 years old (men) and 83 years old (women).
- The country uses a monarchy government system. Prince Albert took the throne after his father Prince Rainier III passed away in 2005.
CULTURE AND EDUCATION
- Monaco’s culture has links with classic Renaissance influences, with an opera house, symphony orchestra, and classical ballet company. The country also has works of public art, statues, museums, and memorials.
- Monaco operates ten state schools, including seven nursery and primary schools, one secondary school, and one college.
- The flag design of Monaco is one of the oldest designs in the world. The Grimaldi family has used this design since 1399. It looks almost identical to that Indonesia, except for the difference in size.
- Monaco annually hosts many prestigious international sport events, especially automobile tournaments. Since 1929, the notorious Formula 1 Monaco Grand Prix has been held in the country every year. The Monaco circuit is used for the tournament since it is known for numerous elevation changes and narrow and tight roads, which make the races even more challenging and fun to watch.
- Charles Leclerc is the most famous national racer of Monaco, and he has won two races, the Belgian Grand Prix and Italian Grand Prix in 2019.
- Beside Formula 1, Monaco also hosts other automobile tournaments such as Formula E and Monte Carlo Rally.
This is a fantastic bundle which includes everything you need to know about the Monaco across 25 in-depth pages. These are ready-to-use Monaco worksheets that are perfect for teaching students about the Monaco which is the second smallest sovereign state in the world. It is recognized as the wealthiest and most expensive place in the world. A haven and playground for the wealthy, Monaco offers plenty of luxury activities to do, such as gambling and watching prestigious racing competitions.
Complete List Of Included Worksheets
- Monaco Facts
- Stories of Monaco
- A Piece of History
- Words for Monaco
- Color the Circles
- Let’s Travel!
- Buying Real Estate
- Monaco News
- Smallest Country List
- Architectural Monaco
- Splendid Events
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Link will appear as Monaco Facts & Worksheets: https://kidskonnect.com - KidsKonnect, August 1, 2020
Use With Any Curriculum
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