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Munich is one of the most prosperous and fastest growing cities in Germany.It is a top-ranked destination for migration and expatriate location, despite being the municipality with the highest population density in Germany (4,500 people per km²) .Munich hosts more than 530,000 people of foreign background, making up 37.7% of its population.The first known settlement in the area was of Benedictine monks on the Old Salt Route.The name of the city is derived from the Old/Middle High German term Munichen, meaning "by the monks".It derives from the monks of the Benedictine order, who ran a monastery at the place that was later to become the Old Town of Munich; hence the monk depicted on the city's coat of arms. Catholic Munich was a cultural stronghold of the Counter-Reformation and a political point of divergence during the resulting Thirty Years' War, but remained physically untouched despite an occupation by the Protestant Swedes.Munich is home to many universities, museums and theatres.Its numerous architectural attractions, sports events, exhibitions and its annual Oktoberfest attract considerable tourism.
The first attempt of the Nazi movement to take over the German government in 1923 with the Beer Hall Putsch was stopped by the Bavarian police in Munich with gunfire.
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After the end of postwar American occupation in 1949, there was a great increase in population and economic power during the years of Wirtschaftswunder, or "economic miracle".
Unlike many other German cities which were heavily bombed and destroyed, Munich restored most of its traditional cityscape and hosted the 1972 Summer Olympics.
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