Dominican RepublicThe Dominican Republic (dəˈmɪnᵻkən ; República Dominicana, reˈpuβlika ðominiˈkana) is a country located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean region. It occupies the eastern five-eighths of the island, which it shares with Haiti, making Hispaniola one of only two Caribbean islands, along with Saint Martin, that is shared by two sovereign states. The Dominican Republic is the second-largest nation in the Antilles by area (after Cuba) at , and third-largest by population, with approximately 10.
History of the Dominican RepublicThe recorded history of the Dominican Republic began in 1492 when the Genoa-born navigator Christopher Columbus, working for the Crown of Castile, happened upon a large island in the region of the western Atlantic Ocean that later came to be known as the Caribbean. It was inhabited by the Taíno, an Arawakan people, who called the eastern part of the island Quisqueya (Kiskeya), meaning "mother of all lands." Columbus promptly claimed the island for the Spanish Crown, naming it La Isla Española ("the Spanish Island"), later Latinized to Hispaniola.
HaitiHaiti (ˈheɪti ; French: Haïti a.iti; Ayiti ajiti), officially the Republic of Haiti ( République d'Haïti; Repiblik d Ayiti), and formerly known as Hayti, is a country located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean Sea, east of Cuba and Jamaica, and south of The Bahamas and the Turks and Caicos Islands. It occupies the western three-eighths of the island which it shares with the Dominican Republic.
Economic systemAn economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. An economic system is a type of social system. The mode of production is a related concept.
Haitian cuisineHaitian cuisine consists of cooking traditions and practices from Haiti. It is a Creole cuisine that originates from a blend of several culinary styles that populated the western portion of the island of Hispaniola, namely African, French, indigenous Taíno, Spanish and Arab influences. Haitian cuisine has some similarities with "criollo" (Spanish for 'creole') cooking and similar to the rest of the Latin Caribbean, but differs in several ways from its regional counterparts.
Political economyPolitical economy is a branch of political science and economics studying economic systems (e.g. markets and national economies) and their governance by political systems (e.g. law, institutions, and government). Widely studied phenomena within the discipline are systems such as labour markets and financial markets, as well as phenomena such as growth, distribution, inequality, and trade, and how these are shaped by institutions, laws, and government policy. Originating in the 16th century, it is the precursor to the modern discipline of economics.
Market economyA market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.
Haitian VodouHaitian Vodou is an African diasporic religion that developed in Haiti between the 16th and 19th centuries. It arose through a process of syncretism between several traditional religions of West and Central Africa and Roman Catholicism. There is no central authority in control of the religion and much diversity exists among practitioners, who are known as Vodouists, Vodouisants, or Serviteurs. Vodou revolves around spirits known as lwa.
Haitian RevolutionThe Haitian Revolution (révolution haïtienne or La guerre de l'indépendance ʁevɔlysjɔ̃ a.i.sjɛn; Lagè d Lendependans) was a successful insurrection by self-liberated slaves against French colonial rule in Saint-Domingue, now the sovereign state of Haiti. The revolt began on 22 August 1791, and ended in 1804 with the former colony's independence. It involved black, biracial, French, Spanish, British, and Polish participants—with the ex-slave Toussaint Louverture emerging as Haiti's most prominent general.
Income distributionIn economics, income distribution covers how a country's total GDP is distributed amongst its population. Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes economic inequality which is a concern in almost all countries around the world. Classical economists such as Adam Smith (1723–1790), Thomas Malthus (1766–1834), and David Ricardo (1772–1823) concentrated their attention on factor income-distribution, that is, the distribution of income between the primary factors of production (land, labour and capital).