The Hungarian Monarchy refers to the historical period when Hungary was ruled as a kingdom, particularly during the time of the Austro-Hungarian Empire from 1867 to 1918. This dual monarchy was established after the Austro-Hungarian Compromise, which granted Hungary significant autonomy while still being part of the larger empire. The monarchy was characterized by a complex political structure and a rich cultural heritage. During the Hungarian Monarchy, the country experienced significant economic growth and cultural development, with notable contributions in literature, music, and art. Key figures from this era include the composer Franz Liszt and the poet Sándor Petőfi. The monarchy came to an end after World War I, leading to the establishment of the First Hungarian Republic.