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Gibraltar is a British Overseas Territory controlled from the United Kingdom. Gibraltar during British rule exhibits economic prosperity. The living standards of Gibraltar residents are one of the highest in the world.
Gibraltar during British rule has its beginnings at the start of the 18th century. The War of the Spanish Succession saw the combined military strength of Britain and Dutch naval forces conclusively defeat the occupying Spanish military force. The Treaty of Utrecht formalized the take-over of the island by London. The treaty stated total administrative transfer of Gibraltar from Spain to England for perpetuity. The British constructed military fortifications to protect the area from potential Spanish invaders.
The expansion of British colonial power saw Gibraltar becoming a strategic military base. The territory transformed into a military base for the Royal Navy. The territory was an important stock replenishment point for ships journeying to far flung British colonial territories like India and Australia. Gibraltar is still under British control. The residents of Gibraltar prefer to stay under British rule. The titular head of Gibraltar is the English Queen. The United Kingdom is responsible for the financial stability of the region. It is also responsible for external and internal security of Gibraltar.
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