It is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the east. It is a unitary parliamentary republic. After the Battle of the White Mountain , the Habsburgs consolidated their rule. In the 19th century, the Czech lands became more industrialized, and in most of it became part of the First Czechoslovak Republic following the collapse of Austria-Hungary after World War I. In November , the Velvet Revolution ended communist rule in the country, and on 1 January Czechoslovakia dissolved with its constituent states becoming the independent states of the Czech Republic and Slovakia. The Czech Republic is a developed country with an advanced , high income social market economy.
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