Principality of Liechtenstein Is Created (1719)
Occupying 62 square miles (160 sq km) between Switzerland and Austria, Liechtenstein was formed when the Austrian family of the same name purchased the lordships of Schellenberg and Vaduz in the Holy Roman Empire. It became fully independent in 1866. Today, the tiny mountainous country has no airport, no military, and very little crime. It is best known for its financial industry but is also a leading producer of sausage casings and false teeth.