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Biscay (Spanish: Vizcaya) is a province of Spain, lying on the south shore of the eponymous bay. The name also refers to a historical territory of the Basque Country, heir of the ancient Lordship of Biscay. Its capital city is Bilbao. It is one of the most prosperous and important provinces of Spain as a result of the massive industrialization in the last years of the 19th century and first half of the 20th century. Since the deep deindustrialization of the 1970s, the economy has come to rely more on the services sector. It is accepted in linguistics (Koldo Mitxelena, etc.) that Bizkaia is a cognate of bizkar (cf. Biscarrosse in Aquitaine), with both place-name variants well attested in the whole Basque Country and out meaning ‘low ridge’ or ‘prominence’. Full HD.