| About Declaration of independence |
| The official announcement of the independence of the new country in Riga was done on November 18, 1918. It was done by the People's Council of Latvia and then Karlis Ulmanis became the head of the interim government. In Eastern Europe, civil and new border wars were disorganized during the War of Independence. By the year 1919, there were three governments in Latvia. The three governments in Latvia were Ulmanis' government, the Soviet Latvian government and the Baltic German government. On May 1, 1920, a freely elected Constituent assembly was summoned. In February 1922, the Satversme a tolerant constitution was selected.At that time, political issue for the new state was the evacuated industrial establishment of Latvia. During the parliamentary period, there was stability in electorate and economic recovery.Ulmanis arranged for bloodless coup, pioneered a nationalist dictatorship on May 15, 1934. After 1934, Ulmanis launched government associations to purchase up private firms.It was done for the purpose of "Latvianising" the economy.Latvia ranked second in Europe for its economy by 1940. |
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