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The economic history of Portugal covers the development of the economy throughout the course of Portuguese history. It has its roots prior to nationality, when Roman occupation developed a thriving economy in Hispania , in the provinces of Lusitania and Gallaecia , as producers and exporters to the Roman Empire.
The history of Portugal can be traced from circa 400,000 years ago, when the region of present-day Portugal was inhabited by Homo heidelbergensis. The Roman conquest of the Iberian Peninsula, which lasted almost two centuries, led to the establishment of the provinces of Lusitania in the south and Gallaecia in the north of what is now Portugal.
From prehistoric cultures, to its Pre-Roman civilizations (such as the Lusitanians, the Gallaeci, the Celtici, and the Cynetes, amongst others), passing through its contacts with the Phoenician-Carthaginian world, the Roman period (see Hispania, Lusitania and Gallaecia), the Germanic invasions of the Suebi, Buri (see Kingdom of the Suebi) and ...
Portugal, [e] officially the Portuguese Republic, [f] is a country in the Iberian Peninsula in Southwestern Europe.Featuring the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it shares the longest uninterrupted border in the European Union; to the south and the west is the North Atlantic Ocean; and to the west and southwest lie the ...
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[42] [43] Portugal is home to several world class universities and business schools that have been contributing to the creation of a number of highly renowned international managers [44] and are attracting an increasing number of foreign students. [45] Portugal has the highest emigration rate as a proportion of population in the European Union.
The conquest of Portugal and re-establishment of Christianity is one of the most significant events in Lisbon's history, described in the chronicle Expugnatione Lyxbonensi, which describes, among other incidents, how the local bishop was killed by the crusaders and the city's residents prayed to the Virgin Mary as it happened.