Therefore, the political maintenance of the Austro-Hungarian Compromise (thus Austria-Hungary itself) was mostly a result of the popularity of the pro-compromise ruling Liberal Party among ethnic minority voters in the Kingdom of Hungary.Īfter 1878, Bosnia and Herzegovina came under Austro-Hungarian military and civilian rule until it was fully annexed in 1908, provoking the Bosnian crisis among the other powers. The Austro-Hungarian Compromise remained bitterly unpopular among the ethnic Hungarian voters because ethnic Hungarians did not vote for the ruling pro-compromise parties in the Hungarian parliamentary elections. Austria-Hungary also became the world's third-largest manufacturer and exporter of electric home appliances, electric industrial appliances, and power generation apparatus for power plants, after the United States and the German Empire.
The Empire built up the fourth-largest machine building industry in the world, after the United States, Germany, and the United Kingdom. Austria-Hungary was geographically the second-largest country in Europe after the Russian Empire, at 621,538 km 2 (239,977 sq mi) and the third-most populous (after Russia and the German Empire). The two states conducted common foreign, defense, and financial policies, but all other governmental faculties were divided among respective states.Īustria-Hungary was a multinational state and one of Europe's major powers at the time. Following the 1867 reforms, the Austrian and Hungarian states were co-equal in power. The union was established by the Austro-Hungarian Compromise on 30 March 1867 in the aftermath of the Austro-Prussian War. Austria-Hungary was ruled by the House of Habsburg and constituted the last phase in the constitutional evolution of the Habsburg Monarchy. From 1878 Austria-Hungary jointly governed Bosnia-Herzegovina, which it annexed in 1908.
A third component of the union was the Kingdom of Croatia-Slavonia, an autonomous region under the Hungarian crown, which negotiated the Croatian–Hungarian Settlement in 1868.
It was formed with the Austro-Hungarian Compromise of 1867 and was dissolved following its defeat in the First World War.Īt its core was the dual monarchy which was a real union between the Austrian Empire and the Kingdom of Hungary. Austria-Hungary, often referred to as the Austro-Hungarian Empire or the Dual Monarchy, was a constitutional monarchy and great power in Central Europe between 18.
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