According to local legend, the Shwedagon Pagoda was built during the time of the Buddha and the area around the pagoda, modern Yangon (Rangoon), has been settled since then. Whatever the truth of the legend, it is certain that a Mon village named Dagon has existed at the site since the 6th century A.D. It was renamed Yangon (the 'end of strife') by the Shwebo based King Alaungpaya when he captured it from rebel Mon leaders in 1755 after which its importance as a port city began to grow. However, the city gained in importance only after the British occupied it during the Second Burmese War in 1852, after which it became the capital of British Burma and the trading and commercial center of Burma. The city grew rapidly during the colonial period, which left a legacy of solid 19th-century colonial architecture. Burma attained independence in 1948, but it's true 'modern' period begins with the 1962 military coup and the institution of an isolationist Socialist regime in 1964, resulting in the steady decay of the city and its infrastructure.{{infobox|Yangon or Rangoon?|Aung San Suu Kyi and the NLD promote usage of Rangoon instead of Yangon, as a sign of support for the democracy movement. Many Western governments, including that of the United States, maintain usage of Rangoon as a sign of their rejection of the legitimacy of the current government.}}In 1988, Rangoon was the site of peaceful pro-democracy protests, in which thousands, including monks and students were gunned down. In 1989, the city was renamed Yangon by the military junta. In 2005, the capital was moved to Naypyidaw but today Yangon remains the business, cultural, and intellectual capital of modern Burma. In 2007, Yangon again became the center for demonstrations against the military government. http://wikitravel.org/en/Yangon