1.
Honduras
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Honduras, officially the Republic of Honduras, is a republic in Central America. It has at times referred to as Spanish Honduras to differentiate it from British Honduras. Honduras was home to several important Mesoamerican cultures, most notably the Maya, the Spanish introduced Roman Catholicism and the now predominant Spanish language, along with numerous customs that have blended with the indigenous culture. Honduras has the worlds highest murder rate, Honduras spans about 112,492 km2 and has a population exceeding 8 million. Its northern portions are part of the Western Caribbean Zone, as reflected in the areas demographics and culture. Honduras is known for its natural resources, including minerals, coffee, tropical fruit, and sugar cane, as well as for its growing textiles industry. Honduras literally means depths in Spanish, the name could either refer to the bay of Trujillo as an anchorage, fondura in the Leonese dialect of Spanish, or to Columbuss alleged quote that Gracias a Dios que hemos salido de esas Honduras. It was not until the end of the 16th century that Honduras was used for the whole province, prior to 1580, Honduras only referred to the eastern part of the province, and Higueras referred to the western part. Another early name is Guaymuras, revived as the name for the dialogue in 2009 that took place in Honduras as opposed to Costa Rica. In pre-Columbian times, modern Honduras was part of the Mesoamerican cultural area, in the west, the Maya civilization flourished for hundreds of years. The dominant state within Hondurass borders was in Copán, Copán fell with the other Lowland centres during the conflagrations of the Terminal Classic in the 9th century. The Maya of this civilization survive in western Honduras as the Chorti, remains of other Pre-Columbian cultures are found throughout the country. On 30 July 1502 Columbus sent his brother Bartholomew to explore the islands and Bartholomew encountered a Mayan trading vessel from Yucatán, carrying well-dressed Maya and a rich cargo. Bartholomews men stole whatever cargo they wanted and kidnapped the elderly captain to serve as an interpreter in what was the first recorded encounter between the Spanish and the Maya. In March 1524, Gil González Dávila became the first Spaniard to enter Honduras as a conquistador, followed by Hernán Cortés, bringing forces down from Mexico. Much of the conquest was done in the two decades, first by groups loyal to Cristóbal de Olid, and then by those loyal of Francisco Montejo. In addition to Spanish resources, the conquerors relied heavily on armed forces from Mexico—Tlaxcalans, resistance to conquest was led in particular by Lempira, and many regions in the north never fell to the Spanish, notably the Miskito Kingdom. After the Spanish conquest, Honduras became part of Spains vast empire in the New World within the Kingdom of Guatemala, Trujillo and Gracias were the first city-capitals
2.
Central bank
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A central bank, reserve bank, or monetary authority is an institution that manages a states currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries, Central banks in most developed nations are institutionally designed to be independent from political interference. Still, limited control by the executive and legislative bodies usually exists, prior to the 17th century most money was commodity money, typically gold or silver. However, promises to pay were widely circulated and accepted as value at least five hundred years earlier in both Europe and Asia. The Song dynasty was the first to issue generally circulating paper currency, in 1455, in an effort to control inflation, the succeeding Ming Dynasty ended the use of paper money and closed much of Chinese trade. The Bank of Amsterdam, established in the Dutch Republic in 1609, is considered to be the forerunner to modern central banks. The Wisselbanks innovations helped lay the foundations for the birth and development of the banking system that now plays a vital role in the worlds economy. Along with a number of local banks, it performed many functions of a central banking system. Lucien Gillard calls it the European guilder, and Adam Smith devotes many pages to explaining how the bank guilder works, the model of the Wisselbank as a state bank was adapted throughout Europe, including the Bank of Sweden and the Bank of England. Established by Dutch-Latvian Johan Palmstruch in 1668, Sveriges Riksbank is often considered by many as the worlds oldest central bank, the lenders would give the government cash and also issue notes against the government bonds, which could be lent again. A Royal Charter was granted on 27 July through the passage of the Tonnage Act 1694, the bank was given exclusive possession of the governments balances, and was the only limited-liability corporation allowed to issue banknotes. The £1. 2M was raised in 12 days, half of this was used to rebuild the Navy and these modern central banking functions evolved slowly through the 18th and 19th centuries. The currency crisis of 1797, caused by panicked depositors withdrawing from the Bank led to the government suspending convertibility of notes into specie payment. The bank was accused by the bullionists of causing the exchange rate to fall from over issuing banknotes. Nevertheless, it was clear that the Bank was being treated as an organ of the state, henry Thornton, a merchant banker and monetary theorist has been described as the father of the modern central bank. An opponent of the real bills doctrine, he was a defender of the bullionist position, thorntons process of monetary expansion anticipated the theories of Knut Wicksell regarding the cumulative process which restates the Quantity Theory in a theoretically coherent form. Until the mid-nineteenth century, commercial banks were able to issue their own banknotes, many consider the origins of the central bank to lie with the passage of the Bank Charter Act of 1844. Under this law, authorisation to issue new banknotes was restricted to the Bank of England, at the same time, the Bank of England was restricted to issue new banknotes only if they were 100% backed by gold or up to £14 million in government debt
3.
Indigenous peoples of the Americas
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The indigenous peoples of the Americas are the pre-Columbian peoples of the Americas and their descendants. The term Amerindian is used in Quebec, the Guianas, Indigenous peoples of the United States are commonly known as Native Americans or American Indians, and Alaska Natives. Application of the term Indian originated with Christopher Columbus, who, in his search for Asia, eventually, the Americas came to be known as the West Indies, a name still used to refer to the islands of the Caribbean Sea. This led to the blanket term Indies and Indians for the indigenous inhabitants, although some indigenous peoples of the Americas were traditionally hunter-gatherers—and many, especially in the Amazon basin, still are—many groups practiced aquaculture and agriculture. The impact of their agricultural endowment to the world is a testament to their time, although some societies depended heavily on agriculture, others practiced a mix of farming, hunting, and gathering. In some regions the indigenous peoples created monumental architecture, large-scale organized cities, chiefdoms, states, and empires. Many parts of the Americas are still populated by peoples, some countries have sizable populations, especially Belize, Bolivia, Chile, Ecuador, Greenland, Guatemala, Mexico. At least a different indigenous languages are spoken in the Americas. Some, such as the Quechuan languages, Aymara, Guaraní, Mayan languages, many also maintain aspects of indigenous cultural practices to varying degrees, including religion, social organization, and subsistence practices. Like most cultures, over time, cultures specific to many indigenous peoples have evolved to incorporate traditional aspects, some indigenous peoples still live in relative isolation from Western culture and a few are still counted as uncontacted peoples. The specifics of Paleo-Indian migration to and throughout the Americas, including the dates and routes traveled, are the subject of ongoing research. According to archaeological and genetic evidence, North and South America were the last continents in the world with human habitation. During the Wisconsin glaciation, 50–17,000 years ago, falling sea levels allowed people to move across the bridge of Beringia that joined Siberia to northwest North America. Alaska was a glacial refugium because it had low snowfall, allowing a small population to exist, the Laurentide Ice Sheet covered most of North America, blocking nomadic inhabitants and confining them to Alaska for thousands of years. Indigenous genetic studies suggest that the first inhabitants of the Americas share a single population, one that developed in isolation. The isolation of these peoples in Beringia might have lasted 10–20,000 years, around 16,500 years ago, the glaciers began melting, allowing people to move south and east into Canada and beyond. These people are believed to have followed herds of now-extinct Pleistocene megafauna along ice-free corridors that stretched between the Laurentide and Cordilleran Ice Sheets. Another route proposed involves migration - either on foot or using primitive boats - along the Pacific Northwest coast to the south, archeological evidence of the latter would have been covered by the sea level rise of more than 120 meters since the last ice age
4.
Spanish Empire
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The Spanish Empire was one of the largest empires in history. The Spanish Empire became the foremost global power of its time and was the first to be called the empire on which the sun never sets, the Spanish Empire originated during the Age of Discovery after the voyages of Christopher Columbus. Following the Spanish–American War of 1898, Spain ceded its last colonies in the Caribbean and its last African colonies were granted independence or abandoned during Decolonisation of Africa finishing in 1976. The unity did not mean uniformity, nevertheless, some historians assert that Portugal was part of the Spanish monarchy at the time, while others draw a clear distinction between the Portuguese and Spanish empires. During the 15th century, Castile and Portugal became territorial and commercial rivals in the western Atlantic. The conquest was completed with the campaigns of the armies of the Crown of Castile between 1478 and 1496, when the islands of Gran Canaria, La Palma, and Tenerife were subjugated. The Portuguese tried in vain to keep secret their discovery of the Gold Coast in the Gulf of Guinea, chronicler Pulgar wrote that the fame of the treasures of Guinea spread around the ports of Andalusia in such way that everybody tried to go there. Worthless trinkets, Moorish textiles, and above all, shells from the Canary and Cape Verde islands were exchanged for gold, slaves, ivory and Guinea pepper. The Crown officially organized this trade with Guinea, every caravel had to get a government license, the treaty delimited the spheres of influence of the two countries, establishing the principle of the Mare clausum. It was confirmed in 1481 by the Pope Sixtus IV, in the papal bull Æterni regis, thus, the limitations imposed by the Alcáçovas treaty were overcome and a new and more balanced worlds division would be reached at Tordesillas between both emerging maritime powers. Seven months before the treaty of Alcaçovas, King John II of Aragon died, Ferdinand and Isabella drove the last Moorish king out of Granada in 1492 after a ten-year war. The Catholic Monarchs then negotiated with Christopher Columbus, a Genoese sailor attempting to reach Cipangu by sailing west, Castile was already engaged in a race of exploration with Portugal to reach the Far East by sea when Columbus made his bold proposal to Isabella. Columbus discoveries inaugurated the Spanish colonization of the Americas and these actions gave Spain exclusive rights to establish colonies in all of the New World from north to south, as well as the easternmost parts of Asia. The treaty of Tordesillas was confirmed by Pope Julius II in the bull Ea quae pro bono pacis on 24 January 1506, Spains expansion and colonization was driven by economic influences, a yearning to improve national prestige, and a desire to spread Catholicism into the New World. The Catholic Monarchs had developed a strategy of marriages for their children in order to isolate their long-time enemy, the Spanish princes married the heirs of Portugal, England and the House of Habsburg. Following the same strategy, the Catholic Monarchs decided to support the Catalan-Aragonese house of Naples against Charles VIII of France in the Italian Wars beginning in 1494. As King of Aragon, Ferdinand had been involved in the struggle against France and Venice for control of Italy, these conflicts became the center of Ferdinands foreign policy as king. Only a year later, Ferdinand became part of the Holy League against France and this war was less of a success than the war against Venice, and in 1516, France agreed to a truce that left Milan in its control and recognized Spanish control of Upper Navarre
5.
Conquistador
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Conquistadors /kɒŋˈkɪstəˌdɔːrz/ is a term used to refer to the soldiers and explorers of the Spanish Empire or the Portuguese Empire in a general sense. During the Age of Discovery, conquistadors sailed beyond Europe to the Americas, Oceania, Africa and Asia, conquering territory and they colonized much of the world for Spain and Portugal in the 16th, 17th and 18th centuries. Portugal established a route to China in the early 16th century, sending ships via the southern coast of Africa, human infections gained worldwide transmission vectors for the first time, from Africa and Eurasia to the Americas and vice versa. The spread of diseases, including smallpox, flu and typhus. In the 16th century perhaps 240,000 Europeans entered American ports, by the late 16th century silver imports from America provided one-fifth of Spains total budget. The conquistadors were professional warriors, using European tactics, firearms and their units would often specialize in forms of combat that required long periods of training that were too costly for informal groups. Their armies were composed of Iberian and other European soldiers. Native allied troops were largely equipped with armament and armour that varied geographically. Some groups consisted of men without military experience, Catholic clergy which helped with administrative duties. These native forces often included African slaves and Native Americans and they not only fought in the battlefield but served as interpreters, informants, servants, teachers, physicians, and scribes. India Catalina and Malintzin were Native American women slaves who worked for the Spaniards, Castilian law prohibited foreigners and non-Catholics from settling in the New World. However, not all conquistadors were Castilian, many foreigners Hispanicised their names and/or converted to Catholicism to serve the Castilian Crown. For example, Ioánnis Fokás was a Castilian of Greek origin who discovered the strait that bears his name between Vancouver Island and Washington State in 1592, german-born Nikolaus Federmann, Hispanicised as Nicolás de Federmán, was a conquistador in Venezuela and Colombia. The origin of people in mixed expeditions was not always distinguished. Castilian law banned Spanish women from travelling to America unless they were married and accompanied by a husband, women who travelled thus include María de Escobar, María Estrada, Marina Vélez de Ortega, Marina de la Caballería, Francisca de Valenzuela, Catalina de Salazar. Some conquistadors married Native American women or had illegitimate children, European young men enlisted in the army because it was one way out of poverty. Catholic priests instructed the soldiers in mathematics, writing, theology, Latin, Greek, and history, Kings army officers taught military arts. An uneducated young recruit could become a leader, elected by their fellow professional soldiers
6.
United States dollar
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The United States dollar is the official currency of the United States and its insular territories per the United States Constitution. It is divided into 100 smaller cent units, the circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars. The U. S. dollar was originally commodity money of silver as enacted by the Coinage Act of 1792 which determined the dollar to be 371 4/16 grain pure or 416 grain standard silver, the currency most used in international transactions, it is the worlds primary reserve currency. Several countries use it as their currency, and in many others it is the de facto currency. Besides the United States, it is used as the sole currency in two British Overseas Territories in the Caribbean, the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while the country mints its own coins, or also accepts U. S. coins that can be used as payment in U. S. dollars. After Nixon shock of 1971, USD became fiat currency, Article I, Section 8 of the U. S. Constitution provides that the Congress has the power To coin money, laws implementing this power are currently codified at 31 U. S. C. Section 5112 prescribes the forms in which the United States dollars should be issued and these coins are both designated in Section 5112 as legal tender in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar, the pure silver dollar is known as the American Silver Eagle. Section 5112 also provides for the minting and issuance of other coins and these other coins are more fully described in Coins of the United States dollar. The Constitution provides that a regular Statement and Account of the Receipts and that provision of the Constitution is made specific by Section 331 of Title 31 of the United States Code. The sums of money reported in the Statements are currently being expressed in U. S. dollars, the U. S. dollar may therefore be described as the unit of account of the United States. The word dollar is one of the words in the first paragraph of Section 9 of Article I of the Constitution, there, dollars is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales. In 1792 the U. S. Congress passed a Coinage Act, Section 20 of the act provided, That the money of account of the United States shall be expressed in dollars, or units. And that all accounts in the offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. In other words, this act designated the United States dollar as the unit of currency of the United States, unlike the Spanish milled dollar the U. S. dollar is based upon a decimal system of values. Both one-dollar coins and notes are produced today, although the form is significantly more common
7.
Dime (United States coin)
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The dime, in U. S. usage, is a ten-cent coin, one tenth of a United States dollar, labeled formally as one dime. The denomination was first authorized by the Coinage Act of 1792, the dime is the smallest in diameter and is the thinnest of all U. S. coins currently minted for circulation, being.705 inches in diameter and.053 inches in thickness. The obverse of the coin depicts the profile of President Franklin D. Roosevelt and the reverse boasts an olive branch, a torch, as of 2011, the dime coin cost 5.65 cents to produce. The word dime comes from the French word dîme, meaning tithe or tenth part, from the Latin decima. In the past prices have occasionally been quoted on signage and other materials in terms of dimes, abbreviated as d or a d with a slash through it as with the cent. The Coinage Act of 1792 established the dime, cent, and mill as subdivisions of the equal to 1⁄10. The first known proposal for a coinage system in the United States was made in 1783 by Thomas Jefferson, Benjamin Franklin, Alexander Hamilton. Hamilton, the nations first Secretary of the Treasury, recommended the issuance of six such coins in 1791, among the six was a silver coin, which shall be, in weight and value, one tenth part of a silver unit or dollar. Thus dimes are made small and thin, with the passage of the Coinage Act of 1965, the dimes silver content was removed. Dimes from 1965 to the present are composed of layers of 75 percent copper and 25 percent nickel. Starting in 1992, the U. S. Mint began issuing Silver Proof Sets annually and these sets are intended solely for collectors, and are not meant for general circulation. Since its introduction in 1796, the dime has been issued in six different major types, the name for each type indicates the design on the coins obverse. The composition of the disme was set at 89.24 percent silver and 10.76 percent copper, in 1792, a limited number of dismes were minted but never circulated. Some of these were struck in copper, indicating that the 1792 dismes were in fact pattern coins, the first dimes minted for circulation did not appear until 1796, due to a lack of demand for the coin and production problems at the United States Mint. The first dime to be circulated was the Draped Bust dime and it featured the same obverse and reverse as all other circulating coins of the time, the so-called Draped Bust/Small Eagle design. This design was the work of then-Chief Engraver Robert Scot, the portrait of Liberty on the obverse was based on a Gilbert Stuart drawing of prominent Philadelphia socialite Ann Willing Bingham, wife of noted American statesman William Bingham. The reverse design is of a bald eagle surrounded by palm and olive branches. Since the Coinage Act of 1792 required only that the cent and half cent display their denomination, all 1796 dimes have 15 stars on the obverse, representing the number of U. S. states then in the Union
8.
Amapala
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Amapala is a municipality in the Honduran department of Valle. It is formed by El Tigre Island and its satellite islets and it has an area of 75.2 km² and a population of 2,482 as of the census of 2001. Thanks to a deep channel, and despite lacking modern infrastructure. Beginning in the late 19th century, Amapala was gradually replaced by the port of San Lorenzo on the mainland, a description of the town in 1881 can be found in the book A Ladys Ride Across Spanish Honduras by Mary Lester. It was intended to be the capital of the Republic of Central America in the late 1890s and this area typically has a pronounced dry season. According to the Köppen Climate Classification system, Amapala has a savanna climate
9.
San Juancito, Honduras
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San Juancito is a small pueblo in central Honduras, located 40 km northeast of Tegucigalpa, the nations capital. The town is in the department of Francisco Morazán, including the dependent hamlets of Nuevo Rosario, Guacamaya, and Plan Grande, the population totals at about 1400. Its central neighborhood is depicted on the back of the 500-lempira bill, while its history is linked to mining, its current importance lies in that it is located within the buffer zone of La Tigra National Park, a cloud forest ecosystem and Honduras first national park. The park is a watershed, providing water for over a half million people in the capital, San Juancito is located on the northern side of the La Tigra. It is the lesser-visited of the two entrances. The history of San Juancito is inextricably linked to the wealth of the mountains in which it is perched. Before the arrival of the Spaniards, the descendants of todays Tolupan/Jicaque people exploited, in small scale, in the 16th century, the Spanish made a short-lived attempt at extracting ore from in the areas mountains. In the late 19th century, mining activities were revived but on a much larger, president Marco Aurelio Soto advertised the mineral wealth of San Juancito, with the intention of attracting foreign investment. Because of this, San Juancito may have played a role in the relocation of the capital from Comayagua to Tegucigalpa in 1880. Between 1880 and 1954, the company extracted gold and silver veins in the mountainside. The company imported machinery from the United States and was granted timber and water rights in the countryside. The timber harvests were utilised for housing construction and mine tunnel support, the result of this was incredibly rapid growth that meant that by 1888, the mines were far and away the most powerful economic interest in Honduras. During its heyday, technological advancements came to San Juancito before any town in Honduras, the first light bulb in Honduras flickered on in San Juancito as a result of the hydroelectric plant built by the mining company, also a national first. The first cinema in all of Central and South America was built in San Juancito. as well as the nations first telegraph. Pepsi built the first bottling plant in all of Central America there, in the early 20th century, San Juancito had a population of 44,000, roughly equalling that of Tegucigalpa at the time, and was a major trading centre in Central America. Life in San Juancito during its mining days was highly segregated, the Honduran miners were well paid by local standards and enjoyed the benefits of schools and the hospital established by the Company. In 1954, due to the exhaustion of reserves, which coincided with a national labor movement. Barbara, El Rosario mine ceased operations and left San Juancito, with the company went the vast majority of the towns inhabitants, as it was the only major source of labour in the region, many of the El Rosario miners were subsequently employed at El Mochito
Honduras
