After the settlement of Greeks and Carthaginians on the banks of the river Tyris, and the second Punic War, the Romans founded in 138 a.c. the city of Valentia (Courage), name that still conserves.
The barbarian invasions break with Romanization, making the ruralization and the near disappearance of commercial activities. Valencia later passes under the Visigothic influence, little known period, during which coin is minted in our city and it is also soothes in the middle of century VI of an important council. The internal struggles, the economic problems and the appearance of the plague makes that the Islam takes advantage of this internal chaos and begins of peaceful form the occupation of Valencian lands in the year 709.
After a first period of settlement a period of prosperity re-emerges, thanks to the regeneration of the irrigation system created by the Romans, and the economic awakening boosted by a headquarters of flourishing industries such as paper, silk, leather, textiles, ceramics, glass and goldsmiths.
At the death of Almanzor, the state is fragmented, appearing the so-called taifa kingdoms. Valencia falls into the hands of Rodrigo Díaz de Vivar, el Cid, for a few years until his death and is definitively reconquered in 1238 by Jaime I.
During the fifteenth century, Valencia was undergoing a rapid development, growing from the 4,000 inhabitants it had at the beginning of the century to more than 80,000 in 1483. Agricultural and industrial production, as well as commerce, reached an expansion without peasants, and during the kingdom of Alfonso the Magnanimous, Valencia becomes one of the most flourishing capitals of Europe for its cultural and financial activity.
The maintenance of the Mediterranean policy and the economic support given by the Valencian bankers to the crown in the discovery of America creates a problem of decapitalization and a tendency in the wealthy classes to live on incomes, resulting in a rise in prices and a decay of commerce, which degenerates, although without success, in an uprising of the guilds (Germanias).
Already in the seventeenth century the expulsion of the Moors and Jews, and the increasingly preponderant power of the nobility, led to the ruin of the country and the bankruptcy of the Taula de Canvis in 1613.
At the death of Charles II, and during the Succession War between the Houses of Austria and Bourbon, there is again a contradiction between the peasantry, "maulets", and the nobility, "botitlers", this being the winning group in The battle of Almansa in 1707, resulting in strong repression, consolidation of the centralist monarchy and consequent loss of power, as well as a progressive degradation of cultural and political autonomy.
The nineteenth century began with epidemics between the population and the fading of liberal perspectives with the establishment of absolutism after the return of Femando VII and later during the Carlist wars with the failure of republican groups.
The bourgeoisie will be during this time the great beneficiary, offering its support to the monarchy and taking advantage of the export and financial boom.
The improvement and extension of horticultural crops, the export of citrus fruits, wine and rice, the creation of new means of transport such as steam and the appearance in the early twentieth century of metallurgical industries, textile factories, in 1909 a new image on the Valencian industry in the Great Regional Exhibition.
During a short period of Civil War, between November 1936 and October 1937, Valencia became the seat of the Republican government.
The economic awakening did not take place until the 60s, when a major economic and industrial movement, as well as a significant increase in the number of immigrants, were taking place in an economic and prosperous world.
Valencia today has about 800,000 inhabitants and is the capital of the Valencian Community and its government, the Valencian Generalitat, made up of the provinces of Castellón, Alicante and Valencia.