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Kingdom of Romania (1881–1947)

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Kingdom of Romania
Regatul României
Flag of Kingdom of Romania
Flag
Location of Kingdom of Romania
CapitalBucharest
GovernmentMonarchy
Area
• Total
295,049 km²
Population
• 1940 census
20,058,378
Preceded by
Succeeded by
1881:
Principality of Romania
1947:
Romanian People's Republic
1940/1944:
Ukrainian Soviet Socialist Republic
Moldavian Soviet Socialist Republic
1940:
Kingdom of Bulgaria
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The Kingdom of Romania was a reactionary monarchy in southeastern Europe. During the Second World War, Ion Antonescu and the Iron Guard ruled Romania as a fascist dictatorship.[1]

Economy

75% of farms had less than 122 acres, but these farms only controlled 28% of land. Foreign capitalists controlled 91.9% of investments in the oil industry.[2]

References

  1. Patricia Gorky (2019-12-26). "Romania: 30 years removed from socialism" Liberation News. Archived from the original on 2022-03-19. Retrieved 2022-10-08.
  2. Political Economy: 'The Economic System of the People's Democracies in Europe; The Prerequisites of the People's Democratic Revolution' (1954). [MIA]