Concept

Bermuda

Summary
Bermuda (bərˈmjuːdə; historically known as the Bermudas or Somers Isles) is a British Overseas Territory in the North Atlantic Ocean. The closest land outside the territory is in the American state of North Carolina, approximately to the west-northwest. Bermuda is an archipelago consisting of 181 islands, although the most significant islands are connected by bridges and appear to form one landmass. It has a land area of . Bermuda has a sub-tropical climate, with mild winters and warm summers. Its climate also exhibits oceanic features similar to other coastal areas in the Northern Hemisphere, with warm, moist air from the ocean ensuring relatively high humidity and stabilising temperature. Bermuda lies in Hurricane Alley and thus is prone to severe weather; however, it receives some protection from a coral reef and its position at the north of the belt, which limits the direction and severity of approaching storms. Bermuda is named after Spanish explorer Juan de Bermúdez, who discovered the archipelago in 1505. The islands have been permanently inhabited since 1612 when an English settlement was established at St. George's. Forming part of British America, Bermuda was governed under royal charter by the Somers Isles Company until 1684, when it became a crown colony. The first African slaves were taken to Bermuda in 1616, but a full plantation economy did not develop, and the slave trade largely ceased by the end of the 17th century. The economy instead became maritime-focused, with the colony serving as a base for merchants, privateers, and the Royal Navy, and giving its name to the Bermuda rig and Bermuda sloop. It became an imperial fortress, the most important British naval and military base in the western hemisphere, with vast funds lavished on its Royal Naval Dockyard and military defences. Tourism has been a significant contributor to Bermuda's economy since the 19th century, and after World War II the territory became a prominent offshore financial centre and tax haven.
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