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| ethnic_groups_ref = <ref name="2020CensusData">{{cite web|url=https://www.census.gov/library/stories/2021/08/improved-race-ethnicity-measures-reveal-united-states-population-much-more-multiracial.html|title=2020 Census Illuminates Racial and Ethnic Composition of the Country|work=[[United States Census]]|access-date=August 13, 2021}}</ref><ref name="2020InteractiveCensusData">{{cite web|url=https://www.census.gov/library/visualizations/interactive/race-and-ethnicity-in-the-united-state-2010-and-2020-census.html?linkId=100000060666476|title=Race and Ethnicity in the United States: 2010 Census and 2020 Census|work=[[United States Census]]|access-date=August 13, 2021}}</ref><ref>{{cite web|url=https://www.npr.org/2021/08/13/1014710483/2020-census-data-us-race-ethnicity-diversity|title=A Breakdown of 2020 Census Demographic Data|date=August 13, 2021|publisher=NPR|access-date=}}</ref>
| demonym = [[Americans|American]]{{efn|name=demonym|The historical and informal demonym [[Yankee]] has been applied to Americans, New Englanders, or northeasterners since the 18th century.}}<ref>{{cite book|title=Compton's Pictured Encyclopedia and Fact-index: Ohio|url=https://books.google.com/books?id=uV5tvKPO684C&q=%22national+nicknames%22+Yankee|year=1963|page=336}}</ref>
| government_type = [[Federalism in the United States|Federal]] [[presidential system|presidential]] [[constitutional republic]]
<!-- Consensus is to list President, Vice President, Chief Justice, and Speaker of the House -->| leader_title1 = [[President of the United States|President]]
| leader_name1 = [[Joe Biden]]
| leader_title2 = [[Vice President of the United States|Vice President and President of the Senate]]
| leader_name2 = [[Kamala Harris]]
| leader_title3 = [[Speaker of the United States House of Representatives|House Speaker of the House]]
| leader_name3 = [[Mike Johnson (Louisiana politician)|Mike Johnson]]
| leader_title4 = [[Chief Justice of the United States|Chief Justice]]
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| religion_ref = <ref name="auto1">{{Cite web |last=Staff |date= June 8, 2007|title=In Depth: Topics A to Z (Religion) |url=https://news.gallup.com/poll/1690/Religion.aspx |access-date=July 1, 2024 |website=[[Gallup, Inc.]] |language=en}}</ref>
}}
The '''United States of America''' ('''USA''' or '''U.S.A.'''), commonly known as the '''United States''' ('''US''' or '''U.S.''') or '''America''', is a country primarily located in [[North America]]. It is [[Federalism in the United States|a federation]] of 50 [[U.S. state|states]], which also includes [[Federal district of the United States|aits federal capital district]] (of [[Washington, D.C.]]), and 326 [[Indian reservation]]s.{{efn|Federally recognized Native American tribes are treated as "domestic dependent nations" with [[Tribal sovereignty in the United States|tribal sovereignty rights]].<ref>{{Cite web |date=March 8, 2017 |title=Attorney General June 1, 1995 Memorandum on Indian Sovereignty |url=https://www.justice.gov/archives/ag/attorney-general-june-1-1995-memorandum-indian-sovereignty |access-date=May 9, 2024 |website=www.justice.gov |language=en}}</ref>}} The 48 [[Contiguous United States|48 contiguous states]] border [[Canada]] to the north and [[Mexico]] to the south. The [[State of Alaska]] is non-contiguous and lies to the northwest, while the [[State of Hawaii]] is an archipelago in the Pacific Ocean. Outside the union of states, the U.S. also asserts sovereignty over five major [[Territories of the United States|unincorporated island territories]] and various [[United States Minor Outlying Islands|uninhabited islands]].{{efn|The five major territories outside the union of states are [[American Samoa]], [[Guam]], the [[Northern Mariana Islands]], [[Puerto Rico]], and the [[United States Virgin Islands|U.S. Virgin Islands]]. The seven undisputed island areas without permanent populations are [[Baker Island]], [[Howland Island]], [[Jarvis Island]], [[Johnston Atoll]], [[Kingman Reef]], [[Midway Atoll]], and [[Palmyra Atoll]]. U.S. sovereignty over the unpopulated [[Bajo Nuevo Bank]], [[Navassa Island]], [[Serranilla Bank]], and [[Wake Island]] is disputed.<ref>U.S. State Department, [https://2009-2017.state.gov/j/drl/rls/179780.htm Common Core Document to U.N. Committee on Human Rights], December 30, 2011, Item 22, 27, 80. And U.S. General Accounting Office Report, [https://www.gao.gov/archive/1998/og98005.pdf U.S. Insular Areas: application of the U.S. Constitution] {{Webarchive|url=https://web.archive.org/web/20131103093032/https://www.gao.gov/archive/1998/og98005.pdf|date=November 3, 2013 }}, November 1997, pp. 1, 6, 39n. Both viewed April 6, 2016.</ref>}} The country has the world's [[List of countries and dependencies by area|third-largest land area]],{{efn|At {{cvt|9,147,590|km2|order=flip}}, the United States is the third-largest country in the world by land area, behind [[Russia]] and [[China]]. By total area (land and water), it is the third-largest, behind Russia and Canada, if its coastal and territorial water areas are included. However, if only its internal waters are included (bays, sounds, rivers, lakes, and the [[Great Lakes]]), the U.S. is the fourth-largest, after Russia, Canada, and China.
<br />
Coastal/territorial waters included: {{cvt|9,833,517|km2|order=flip}}<ref>{{cite web|title=China|url=https://www.cia.gov/the-world-factbook/countries/china/|access-date=June 10, 2016|website=[[The World Factbook]]}}</ref>
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Only internal waters included: {{cvt|9,572,900|km2|order=flip}}<ref>{{cite web|title=United States|url=https://www.britannica.com/topic/616563/United-States-quick-facts|archive-url=https://web.archive.org/web/20131219194413/https://www.britannica.com/topic/616563/United-States-quick-facts|archive-date=December 19, 2013|access-date=January 31, 2010|website=[[Encyclopædia Britannica]]}}</ref>|name=largestcountry}} second-largest [[Exclusive economic zone of the United States|exclusive economic zone]], and [[List of countries and dependencies by population|third-largest population]], exceeding 334 million.{{efn|The [[United States Census Bureau|U.S. Census Bureau]]'s 2023 estimate was 334,914,895 residents. All official population figures are for the 50 states and the District of Columbia; they exclude the five major U.S. territories and outlying islands. The Census Bureau also provides a continuously updated but unofficial population clock in addition to [[United States census|its decennial census]] and [[Population Estimates Program|annual population estimates]]: [https://www.census.gov/popclock/ www.census.gov/popclock]|name=pop clock}}
 
[[Paleo-Indians]] migrated across the [[Bering land bridge]] more than 12,000 years ago, and went on to form [[History of Native Americans in the United States|various civilizations and societies]]. [[British colonization of the Americas|British colonization]] led to the first settlement of the [[Thirteen Colonies]] in [[Colony of Virginia|Virginia]] in 1607. Clashes with the [[The Crown|British Crown]] over taxation and [[No taxation without representation|political representation]] sparked the [[American Revolution]], with the [[Second Continental Congress]] formally [[United States Declaration of Independence|declaring independence]] on July 4, 1776. Following its victory in the 1775&#x2013;1783 [[American Revolutionary War|Revolutionary War]] (1775&ndash;1783), the country continued to [[Territorial evolution of the United States|expand across North America]]. As more [[Admission to the Union|states were admitted]], sectional division over [[Slavery in the United States|slavery]] led to the secession of the [[Confederate States of America]], which fought the remaining states of the [[Union (American Civil War)|the Union]] during the 1861–1865 [[American Civil War]]. With the Union's victory and preservation, [[Thirteenth Amendment to the United States Constitution|slavery was abolished nationally]]. By 1890, the United States had established itself as a [[great power]]. After [[Empire of Japan|Japan]]'s [[attack on Pearl Harbor]] in December 1941, the U.S. [[Military history of the United States during World War II|entered World War II]]. The [[Aftermath of World War II|aftermath of the war]] left the U.S. and the [[Soviet Union]] as the world's two [[superpowers]] and led to the [[Cold War]], during which both countries engaged in a struggle for [[ideological dominance]] and [[Sphere of influence|international influence]]. Following the [[Dissolution of the Soviet Union|Soviet Union's collapse]] and the [[Cold War (1985–1991)|end of the Cold War]] in 1991, the U.S. [[Superpower#Post-Cold War era|emerged as the world's sole superpower]].
 
The [[Federal government of the United States|U.S. national government]] is a [[Presidential system|presidential]] [[Constitution of the United States|constitutional]] [[republic]] and [[liberal democracy]] with [[Separation of powers under the United States Constitution|three separate branches]]: [[United States Congress|legislative]], [[United States federal executive departments|executive]], and [[Federal judiciary of the United States|judicial]]. It has a [[Bicameralism|bicameral]] national legislature composed of the [[United States House of Representatives|House of Representatives]], a [[lower house]] based on population; and the [[United States Senate|Senate]], an [[upper house]] based on equal representation for each state. Substantial autonomy [[Policies of states in the United States|is given to states and several territories]], with [[Politics of the United States|a political culture]] promoting [[liberty]], [[equality under the law|equality]], [[individualism]], [[Left-libertarianism|personal autonomy]], and [[limited government]].
 
One of the world's [[DevelopedList countryof countries by Human Development Index|most developed countries]], the United States has had the [[List of countries by largest historical GDP|largest nominal GDP since about 1890]] and accounted for 15% of the [[world economy|global economy]] in 2023.{{efn|Based on [[purchasing power parity|purchasing power]]}} It possesses by far the [[List of countries by total wealth|largest amount of wealth]] of any country and has the [[Disposable household and per capita income#Disposable income per capita (OECD)|highest disposable household income per capita]] among [[OECD]] countries. The U.S. [[International rankings of the United States|ranks among the world's highest]] in [[Human rights in the United States|human rights]], [[Global Competitiveness Report#2022 rankings|economic competitiveness]], [[List of countries by labour productivity|productivity]], [[Global Innovation Index|innovation]], and [[Higher education in the United States|higher education]]. Its [[hard power]] and [[Americanization|cultural influence]] have a global reach. The U.S. is a founding member of the [[World Bank]], [[Organization of American States]], [[NATO]], and [[United Nations]],{{Efn|Including agencies such as the [[International Monetary Fund]] and the [[World Health Organization]]}} as well as a [[Permanent members of the United Nations Security Council|permanent member of the UN Security Council]].
 
== Etymology ==
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=== Contemporary (1991&ndash;present) ===
{{Main|History of the United States (1991–2008)|History of the United States (2008–present)}}
|[[File:Explosion caption2following the plane impact into the South Tower (WTC 2) =- B6019~11.jpg|thumb|The [[World Trade Center (1973–2001)|Twin Towers]] in New York City during the [[September 11 attacks]] in 2001]]
 
[[File:2021_storming_of_the_United_States_Capitol_DSC09254-2_(50820534063)_(retouched).jpg|thumb|Crowd outside the [[United States Capitol|Capitol]] during the [[January 6 United States Capitol attack]] in 2021]]
{{multiple image
| align = right
| total_width = 320
| image1 = President George W. Bush Receives Information Regarding Terrorist Attacks.jpg
| alt1 = President Bush on the telephone gathering information
| caption1 = President George W. Bush gathers information about the [[September 11 attacks]].
| image2 = Explosion following the plane impact into the South Tower (WTC 2) - B6019~11.jpg
| alt2 = Explosion at the WTC
| caption2 = The [[World Trade Center (1973–2001)|Twin Towers]] in New York City during the September 11 attacks
| footer = September 11 attacks in 2001, which targeted the [[World Trade Center (1973–2001)|World Trade Center]] in New York City and [[the Pentagon]] in Washington, D.C.
}}
 
The 1990s saw the [[1990s United States boom|longest recorded economic expansion in American history]], [[Crime in the United States|a dramatic decline in crime]], and [[Technological and industrial history of the United States#Computers and information networks|advances in technology]], with the [[World Wide Web]], the evolution of the [[Pentium (original)|Pentium microprocessor]] in accordance with [[Moore's law]], rechargeable [[Lithium-ion battery|lithium-ion batteries]], the first [[gene therapy]] trial, and [[cloning]] all emerging and improved upon throughout the decade. The [[Human Genome Project]] was formally launched in 1990, while [[Nasdaq]] became the first stock market in the United States to trade online in 1998.<ref>{{Cite web |last=((CFI Team)) |title=NASDAQ |url=https://corporatefinanceinstitute.com/resources/career-map/sell-side/capital-markets/nasdaq/ |url-status=live |archive-url=https://web.archive.org/web/20231211163114/https://corporatefinanceinstitute.com/resources/career-map/sell-side/capital-markets/nasdaq/ |archive-date=December 11, 2023 |access-date=December 11, 2023 |website=Corporate Finance Institute |language=en-US}}</ref> In 1991, [[Coalition of the Gulf War|an American-led international coalition of states]] expelled an [[Ba'athist Iraq|Iraqi]] invasion force from [[Kuwait]] in the [[Gulf War]].<ref>{{cite book|last=Holsti|first=Ole R.|author-link=Ole R. Holsti|title=American Public Opinion on the Iraq War|page=20|chapter=The United States and Iraq before the Iraq War|date=November 7, 2011|publisher=[[University of Michigan Press]]|isbn=978-0-472-03480-2}}</ref>
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[[File:Uspaintedrelief.png|thumb|A [[topographic map]] of the United States]]
 
The United States is the world's [[List of countries and dependencies by area|third-largest country]] by total area behind Russia and Canada.{{efn|name=largestcountry}}<ref name="WF">{{cite web|url=https://www.cia.gov/the-world-factbook/countries/united-states/|title=United States|website=The World Factbook|publisher=Central Intelligence Agency|date=January 3, 2018|access-date=January 8, 2018}}</ref><ref name="CIA Factbook Area">{{cite web|title=Area|url=https://www.cia.gov/library/publications/the-world-factbook/fields/2147.html|website=The World Factbook|publisher=Central Intelligence Agency|access-date=January 15, 2015|archive-date=January 31, 2014|archive-url=https://web.archive.org/web/20140131115000/https://www.cia.gov/library/publications/the-world-factbook/fields/2147.html|url-status=dead }}</ref> The 48 [[Contiguous United States|48 contiguous states and the District of Columbia]] occupy a combined area of {{convert|3,119,885|sqmi|km2|abbr=}}.<ref>{{cite web|url=https://www.cia.gov/library/publications/the-world-factbook/fields/279.html#as|work=The World Factbook|publisher=cia.gov|title=Field Listing: Area|access-date=April 21, 2020|archive-date=July 7, 2020|archive-url=https://web.archive.org/web/20200707180005/https://www.cia.gov/library/publications/the-world-factbook/fields/279.html#as|url-status=dead}}</ref><ref name="urlState Area Measurements and Internal Point Coordinates—Geography—U.S. Census Bureau">{{cite web|url=https://www.census.gov/geographies/reference-files/2010/geo/state-area.html|title=State Area Measurements and Internal Point Coordinates—Geography—U.S. Census Bureau|website=State Area Measurements and Internal Point Coordinates|publisher=U.S. Department of Commerce|access-date=September 11, 2017}}</ref> The [[Atlantic coastal plain|coastal plain]] of the [[Atlantic Ocean|Atlantic]] seaboard gives way to inland forests and rolling hills in the [[Piedmont (United States)|Piedmont]] plateau region.<ref>{{cite web|title=Geographic Regions of Georgia|url=https://georgiainfo.galileo.usg.edu/topics/geography/article/geographic-regions-of-georgia|website=Georgia Info|publisher=Digital Library of Georgia|access-date=December 24, 2014}}</ref>
 
The [[Appalachian Mountains]] and the [[Adirondack Mountains|Adirondack]] massif separate the [[East Coast of the United States|East Coast]] from the [[Great Lakes]] and the grasslands of the [[Midwestern United States|Midwest]].<ref name="NAU">{{cite web|last=Lew|first=Alan|title=PHYSICAL GEOGRAPHY OF THE US|url=https://www.geog.nau.edu/courses/alew/gsp220/text/chapters/ch2.html|archive-url=https://web.archive.org/web/20160409112252/https://www.geog.nau.edu/courses/alew/gsp220/text/chapters/ch2.html|archive-date=April 9, 2016|website=GSP 220—Geography of the United States|publisher=North Arizona University|access-date=December 24, 2014}}</ref> The [[Mississippi River System]], the world's [[List of rivers by length|fourth-longest river system]], runs predominantly north–south through the heart of the country. The flat and fertile [[prairie]] of the [[Great Plains]] stretches to the west, interrupted by [[U.S. Interior Highlands|a highland region]] in the southeast.<ref name="NAU" />
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{{See also|Censorship in the United States|Race and crime in the United States}}
[[File:Washington DC, FBI - panoramio.jpg|thumb|[[J. Edgar Hoover Building]], the headquarters of the [[Federal Bureau of Investigation]] (FBI), in [[Washington, D.C.]]]]
There are about 18,000 U.S. police agencies from local to national level in the United States.<ref>{{Cite journal |last1=Banks |first1=Duren |last2=Hendrix |first2=Joshua |last3=Hickman |first3=Mathhew |date=October 4, 2016 |title=National Sources of Law Enforcement Employment Data |url=https://bjs.ojp.gov/content/pub/pdf/nsleed.pdf |journal=[[U.S. Department of Justice]] |pages=1}}</ref> Law in the United States is mainly enforced by local police departments and [[Sheriffs in the United States|sheriff departments]] in their municipal or county jurisdictions. The [[State police (United States)|The state police]] departments [[Police power (United States constitutional law)|have authority in their respective state]], and [[Federal law enforcement in the United States|federal agencies]] such as the [[Federal Bureau of Investigation]] (FBI) and the [[United States Marshals Service|U.S. Marshals Service]] have national jurisdiction and specialized duties, such as protecting [[civil rights]], [[National security of the United States|national security]] and enforcing [[U.S. federal courts]]' rulings and federal laws.<ref>{{cite web|title=U.S. Federal Law Enforcement Agencies, Who Governs & What They Do|publisher=Chiff.com|url=https://www.chiff.com/police/federal-police-agencies.htm|access-date=November 10, 2021|archive-url=https://web.archive.org/web/20140210040432/https://www.chiff.com/police/federal-police-agencies.htm|archive-date=February 10, 2014|url-status= }}</ref> [[State court (United States)|State courts]] conduct most civil and criminal trials,<ref>{{cite book|last1=Manweller|first1=Mathew|editor1-last=Hogan|editor1-first=Sean O.|title=The Judicial Branch of State Government: People, Process, and Politics|date=2006|publisher=[[ABC-Clio]]|location=[[Santa Barbara, California]]|isbn=978-1-85109-751-7|pages=37–96|chapter-url=https://books.google.com/books?id=ong5k8n97P4C&pg=PA55|access-date=October 5, 2020|chapter=Chapter 2, The Roles, Functions, and Powers of State Courts}}</ref> and federal courts handle designated crimes and [[United States courts of appeals|appeals of state court decisions]].<ref>{{cite web|url=https://www.justice.gov/usao/justice-101/federal-courts|title=Introduction To The Federal Court System|work=[[United States Attorney]]|date=November 7, 2014 |publisher=[[United States Department of Justice]]|access-date=July 14, 2022|location=Washington, D.C.}}</ref>
 
As of January 2023, the United States has the [[List of countries by incarceration rate|sixth highest per-capita incarceration rate]] in the world, at 531 people per 100,000; and the largest prison and jail population in the world, with [[Incarceration in the United States|almost 2 million people incarcerated]].<ref>[http://www.prisonstudies.org/country/united-states-america United States of America]. [[World Prison Brief]].</ref><ref name="WorldPrisonBrief">[http://www.prisonstudies.org/highest-to-lowest Highest to Lowest]. [[World Prison Brief]] (WPB). Use the dropdown menu to choose lists of countries by region or the whole world. Use the menu to select highest-to-lowest lists of prison population totals, prison population rates, percentage of pre-trial detainees/remand prisoners, percentage of female prisoners, percentage of foreign prisoners, and occupancy rate. Column headings in WPB tables can be clicked to reorder columns lowest to highest, or alphabetically. For detailed information for each country click on any country name in lists. See the [http://www.prisonstudies.org/world-prison-brief-data WPB main data page] and click on the map links or the sidebar links to get to the region and country desired.</ref><ref name="WholePie2023">{{cite report|url=https://www.prisonpolicy.org/reports/pie2023.html|title=Mass Incarceration: The Whole Pie 2023|last1=Sawyer|first1=Wendy|last2=Wagner|first2=Peter|date=March 14, 2023|publisher=Prison Policy Initiative|access-date=May 13, 2023}}</ref> An analysis of the [[World Health Organization]] Mortality Database from 2010 showed U.S. homicide rates "were 7 times higher than in other high-income countries, driven by a gun homicide rate that was 25 times higher".<ref>{{Cite journal|last1=Grinshteyn|first1=Erin|last2=Hemenway|first2=David|date=March 2016|title=Violent Death Rates: The US Compared with Other High-income OECD Countries, 2010|url=https://www.amjmed.com/article/S0002-9343(15)01030-X/fulltext|journal=[[The American Journal of Medicine]]|volume=129|issue=3|pages=226–273|doi=10.1016/j.amjmed.2015.10.025|pmid=26551975|access-date=June 18, 2017|doi-access=free}}</ref>
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[[File:2788-2888_San_Tomas_Expwy.jpg|thumb|The headquarters of [[Nvidia]], the world's [[List of public corporations by market capitalization|biggest company by market capitalization]]<ref>{{Cite web |last=Hur |first=Krystal |date=June 18, 2024 |title=Nvidia surpasses Microsoft to become the largest public company in the world |url=https://www.cnn.com/2024/06/18/markets/nvidia-largest-public-company/index.html |access-date=June 18, 2024 |website=CNN |language=en}}</ref>]]
 
The U.S. has been the world's [[List of countries by largest historical GDP|largest economy nominally since about 1890]].<ref>{{Cite journal |last=Fordham |first=Benjamin |date=October 2017 |title=Protectionist Empire: Trade, Tariffs, and United States Foreign Policy, 1890–1914 |url=http://dx.doi.org/10.1017/s0898588x17000116 |journal=Studies in American Political Development |volume=31 |issue=2 |pages=170–192 |doi=10.1017/s0898588x17000116 |s2cid=148917255 |issn=0898-588X}}</ref> The 2023 nominal U.S. gross domestic product (GDP) of more than $27&nbsp;trillion was the highest in the world, constituting over 25% of the global economy or 15% at [[purchasing power parity]] (PPP).<ref name="IMF-2023">{{cite web |title=Report for Selected Countries and Subjects |url=https://www.imf.org/en/Publications/WEO/weo-database/2023/April/weo-report?c=111,&s=NGDP_R,NGDP_RPCH,NGDP,NGDPD,PPPGDP,NGDP_D,NGDPRPC,NGDPRPPPPC,NGDPPC,NGDPDPC,PPPPC,NGAP_NPGDP,PPPSH,PPPEX,NID_NGDP,NGSD_NGDP,PCPI,PCPIPCH,PCPIE,PCPIEPCH,FLIBOR6,TM_RPCH,TMG_RPCH,TX_RPCH,TXG_RPCH,LUR,LE,LP,GGR,GGR_NGDP,GGX,GGX_NGDP,GGXCNL,GGXCNL_NGDP,GGSB,GGSB_NPGDP,GGXONLB,GGXONLB_NGDP,GGXWDN,GGXWDN_NGDP,GGXWDG,GGXWDG_NGDP,NGDP_FY,BCA,BCA_NGDPD,&sy=2021&ey=2023&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1 |website=Imf.org}}</ref><ref name="IMFWEO.US" /> From 1983 to 2008, U.S. real compounded annual GDP growth was 3.3%, compared to a 2.3% weighted average for the rest of the [[G7|Group of Seven]].<ref name="Hagopian">{{cite journal |author=Hagopian |first1=Kip |last2=Ohanian |first2=Lee |date=August 1, 2012 |title=The Mismeasure of Inequality |url=https://www.hoover.org/publications/policy-review/article/123566 |url-status=dead |journal=Policy Review |issue=174 |archive-url=https://web.archive.org/web/20131203012353/https://www.hoover.org/publications/policy-review/article/123566 |archive-date=December 3, 2013 |access-date=January 23, 2020 }}</ref> The country ranks first in the world [[List of countries by GDP (nominal)|by nominal GDP]],<ref>{{cite web|url=https://www.bea.gov/news/2023/gross-domestic-product-fourth-quarter-and-year-2022-third-estimate-gdp-industry-and|title=Gross Domestic Product, Fourth Quarter and Year 2022 (Third Estimate), GDP by Industry, and Corporate Profits|publisher=[[United States Department of Commerce|U.S. Department of Commerce]]}}</ref> second when [[List of countries by GDP (PPP)|when adjusted for purchasing power parities]] (PPP),<ref name="IMFWEO.US" /> and ninth [[List of countries by GDP (PPP) per capita|by PPP-adjusted GDP per capita]].<ref name="IMFWEO.US" /> It possesses the [[Disposable household and per capita income#Disposable income per capita (OECD)|highest disposable household income per capita]] among [[OECD]] countries.<ref>{{cite web |title=Household disposable income |url=https://data.oecd.org/hha/household-disposable-income.htm |website=OECD Data |language=en}}</ref>
 
Of the world's [[Fortune Global 500|500 largest companies]], 136 are headquartered in the U.S. as of 2023,<ref name="Fortune-2022">{{Cite web |title=Global 500 |url=https://fortune.com/global500/2022/ |access-date=August 3, 2023 |website=[[Fortune Global 500]] |language=en}}</ref> the highest number of any country.<ref>{{Cite web |last=Hyam |first=Benji |date=2023-11-29 |title=Most Profitable Companies: U.S. vs. Rest of the World, 2023 |url=https://www.growandconvert.com/research/most-profitable-fortune-500-companies-in-2023/ |access-date=2024-07-16 |website=www.growandconvert.com |language=en-US}}</ref> The [[United States dollar|U.S. dollar]] is the currency most used in [[international trade|international transactions]] and is the world's foremost [[reserve currency]], backed by the country's dominant economy, [[United States Armed Forces|its military]], the [[petrodollar]] system, and its linked [[eurodollar]] and large [[U.S. Treasury|U.S. treasuries market]].<ref name="federalreserve.gov" /> Several countries [[International use of the U.S. dollar|use it as their official currency]] and in others it is the [[de facto currency|''de facto'' currency]].<ref name="Benjamin J. Cohen 2006, p. 17">Benjamin J. Cohen, ''The Future of Money'', Princeton University Press, 2006, {{ISBN|0691116660}}; ''cf''. "the dollar is the de facto currency in Cambodia", Charles Agar, ''[[Frommer's]] Vietnam'', 2006, {{ISBN|0471798169}}, p. 17</ref><ref>{{cite web |date=March 31, 2014 |title=US GDP Growth Rate by Year |url=http://www.multpl.com/us-gdp-growth-rate/table/by-year |access-date=June 18, 2014 |website=multpl.com |publisher=US Bureau of Economic Analysis}}</ref> It has [[free trade agreements]] with [[Free trade agreements of the United States|several countries]], including the [[United States–Mexico–Canada Agreement|USMCA]].<ref>{{cite web |title=United States free trade agreements |url=https://ustr.gov/trade-agreements/free-trade-agreements |access-date=May 31, 2019 |work=[[Office of the United States Trade Representative]]}}</ref> The U.S. ranked second in the [[Global Competitiveness Report]] in 2019, after Singapore.<ref name="World Economic Forum">{{cite web |title=Rankings: Global Competitiveness Report 2013–2014 |url=http://www3.weforum.org/docs/GCR2013-14/GCR_Rankings_2013-14.pdf |access-date=June 1, 2014 |publisher=World Economic Forum}}</ref> While its economy has reached [[Post-industrial economy|a post-industrial level of development]], the United States [[Manufacturing in the United States|remains an industrial power]].<ref name="Econ">{{cite web|title=USA Economy in Brief|url=https://usinfo.state.gov/products/pubs/economy-in-brief/page3.html|publisher=U.S. Dept. of State, International Information Programs|archive-url=https://web.archive.org/web/20080312123609/https://usinfo.state.gov/products/pubs/economy-in-brief/page3.html|archive-date=March 12, 2008}}</ref> {{As of|2021}}, the U.S. is the [[List of countries by manufacturing output|second-largest manufacturing country]] after China.<ref>{{Cite web |title=Manufacturing, Value Added (Current US$) |url=https://data.worldbank.org/indicator/NV.IND.MANF.CD?most_recent_value_desc=true |url-status=live |archive-url=https://web.archive.org/web/20200107135049/https://data.worldbank.org/indicator/NV.IND.MANF.CD?most_recent_value_desc=true |archive-date=January 7, 2020 |access-date=July 14, 2021 |publisher=[[World Bank]]}}</ref>
[[File:Gaming-Wall-Street BTS Prodigium-266.jpg|thumb|The [[New York Stock Exchange]] on [[Wall Street]], the world's [[List of stock exchanges#Major stock exchanges|largest stock exchange by market capitalization]]<ref name=NYSEhighestcap>{{cite web|url=https://www.forbes.com/advisor/investing/nyse-new-york-stock-exchange/|title=NYSE: What Is The New York Stock Exchange|author= Kat Tretina and Benjamin Curry|work=Forbes|date=April 9, 2021|access-date=July 24, 2022}}</ref>]]
New York City is the world's principal [[financial center]]<ref>{{cite news |last1=Jones |first1=Huw |date=March 24, 2022 |title=New York widens lead over London in top finance centres index |url=https://www.reuters.com/business/new-york-widens-lead-over-london-top-finance-centres-index-2022-03-24/ |access-date=July 29, 2022 |website=[[Reuters]]}}</ref><ref name=NYCFintechAndFinancialCapitalWorld>{{cite web |url = https://www.longfinance.net/publications/long-finance-reports/the-global-financial-centres-index-35/|title = The Global Financial Centres Index 35|date = March 21, 2024|publisher = Long Finance|access-date = May 1, 2024}}</ref> and the epicenter of the world's [[list of cities by GDP|largest metropolitan economy]].<ref name="NYCEpicenterUSMetroEconomy">{{cite web |author=Iman Ghosh |date=September 24, 2020 |title=This 3D map shows the U.S. cities with the highest economic output |url=https://www.weforum.org/agenda/2020/09/united-states-america-economic-output-new-york-la/ |access-date=March 5, 2023 |publisher=World Economic Forum |quote=The New York metro area dwarfs all other cities for economic output by a large margin.}}</ref> The [[New York Stock Exchange]] and [[Nasdaq]], both located in New York City, are the world's two [[List of stock exchanges|largest stock exchanges]] by [[market capitalization]] and [[trade volume]].<ref>{{cite web |title=Monthly Reports – World Federation of Exchanges |url=https://www.world-exchanges.org/our-work/statistics |publisher=WFE}}</ref><ref name="sfc.hk">[http://www.sfc.hk/web/doc/EN/research/stat/a01.pdf Table A – Market Capitalization of the World's Top Stock Exchanges (As at end of June 2012)]. Securities and Exchange Commission (China).</ref> The United States is at or near the forefront of [[Science and technology in the United States|technological advancement]] and [[innovation]]<ref>{{Cite book |last=WIPO |url=https://www.wipo.int/global_innovation_index/en/2022/index.html |title=Global Innovation Index 2022, 15th Edition |publisher=World Intellectual Property Organization |year=2022 |isbn=9789280534320 |language=en |doi=10.34667/tind.46596 |access-date=February 25, 2023}}</ref> in many economic fields, especially in [[artificial intelligence]]; computers; [[pharmaceuticals]]; and medical, [[aerospace]] and [[military equipment]].<ref>{{cite web |title=United States reference resource |url=https://www.cia.gov/the-world-factbook/countries/united-states/ |access-date=May 31, 2019 |work=[[The World Factbook]] Central Intelligence Agency}}</ref> The country's economy is fueled by abundant [[natural resource]]s, a well-developed [[Infrastructure of the United States|infrastructure]], and [[List of countries by labour productivity|high productivity]].<ref name="Wright, Gavin 2007 p. 185">Wright, Gavin, and Jesse Czelusta, "Resource-Based Growth Past and Present", in ''Natural Resources: Neither Curse Nor Destiny'', ed. Daniel Lederman and William Maloney (World Bank, 2007), p. 185. {{ISBN|0821365452}}.</ref> The [[List of the largest trading partners of the United States|largest U.S. trading partners]] are the [[European Union]], Mexico, Canada, China, Japan, South Korea, the United Kingdom, Vietnam, India, and Taiwan.<ref>{{cite web |date=October 2022 |title=Top Trading Partners – October 2022 |url=https://www.census.gov/foreign-trade/statistics/highlights/top/top1612yr.html |access-date=May 12, 2023 |publisher=U.S. Census Bureau}}</ref> The United States is the world's [[List of countries by imports|largest importer]] and the [[List of countries by exports|second-largest exporter]].{{efn|A country's total exports are usually understood to be goods and services. Based on this, the U.S. is the world's second-largest exporter, after China.<ref>{{cite web |title=World Trade Statistical Review 2019 |url=https://www.wto.org/english/res_e/statis_e/wts2019_e/wts2019_e.pdf |access-date=May 31, 2019 |work=[[World Trade Organization]] |page=100}}</ref> However, if primary income is included, the U.S. is the world's largest exporter.<ref>{{Cite web |title=Exports of goods, services and primary income (BoP, current US$) |url=https://data.worldbank.org/indicator/BX.GSR.TOTL.CD?most_recent_value_desc=true |access-date=May 24, 2024 |website=data.worldbank.org}}</ref>}} It is by far the world's [[List of countries by service exports|largest exporter of services]].<ref>{{Cite web |title=Service exports (BoP, current US$) |url=https://data.worldbank.org/indicator/BX.GSR.NFSV.CD?most_recent_value_desc=true&year_high_desc=false |access-date=August 4, 2023 |publisher=World Bank}}</ref>
 
Americans have the highest average [[Household income|household]] and [[List of countries by average wage|employee income]] among [[OECD]] member states,<ref>{{cite web |title=Income |url=http://www.oecdbetterlifeindex.org/topics/income/ |access-date=September 28, 2019 |work=Better Life Index |publisher=OECD |quote=In the United States, the average household net adjusted disposable income per capita is USD 45 284 a year, much higher than the OECD average of USD 33 604 and the highest figure in the OECD.}}</ref> and the fourth-highest [[Median income|median household income]],<ref>{{Cite web |title=Median Income by Country 2023 |url=https://wisevoter.com/country-rankings/median-income-by-country/ |access-date=July 28, 2023 |website=Wisevoter |language=en-US}}</ref> up from sixth-highest in 2013.<ref name="Household Income">{{cite journal |date=March 18, 2014 |url=http://www.oecd-ilibrary.org/social-issues-migration-health/society-at-a-glance-2014_soc_glance-2014-en |journal=Society at a Glance 2014: OECD Social Indicators |publisher=OECD Publishing |doi=10.1787/soc_glance-2014-en |isbn=9789264200722 |access-date=May 29, 2014 |doi-access=free |title=Society at a Glance 2014 }}</ref> [[Wealth in the United States]] is [[Wealth inequality in the United States|highly concentrated]]; the richest 10% of the adult population own 72% of the country's household wealth, while the bottom 50% own just 2%.<ref>{{cite book|last1=Piketty|first1=Thomas|title=Capital in the Twenty-First Century|title-link=Capital in the Twenty-First Century|date=2014|publisher=Belknap Press|page=[https://archive.org/details/isbn_9780674430006/page/257 257]|author-link1=Thomas Piketty}} {{ISBN|978-0-674-43000-6}}</ref> [[Income inequality in the United States|Income inequality in the U.S.]] remains at record highs,<ref>{{Cite news |url=https://www.washingtonpost.com/business/2019/09/26/income-inequality-america-highest-its-been-since-census-started-tracking-it-data-show/ |title=Income inequality in America is the highest it's been since Census Bureau started tracking it, data shows |newspaper=[[The Washington Post]] |access-date=July 27, 2020}}</ref> with the top fifth of earners taking home more than half of all income<ref>{{Cite news|last=Long|first=Heather|date=September 12, 2017|title=U.S. middle-class incomes reached highest-ever level in 2016, Census Bureau says|newspaper=The Washington Post|url=https://www.washingtonpost.com/business/economy/us-middle-class-incomes-reached-highest-ever-level-in-2016-census-bureau-says/2017/09/12/7226905e-97de-11e7-b569-3360011663b4_story.html|access-date=November 11, 2019}}</ref> and giving the U.S. one of the widest income distributions among OECD members.<ref name="Sme">{{cite journal|last1=Smeeding|first1=T.M.|year=2005|title=Public Policy: Economic Inequality and Poverty: The United States in Comparative Perspective|journal=Social Science Quarterly| volume=86|pages=955–983|doi= 10.1111/j.0038-4941.2005.00331.x| s2cid=154642286}}</ref><ref>{{cite book |last=Hopkin|first=Jonathan|author-link=Jonathan Hopkin|date=2020 |title=Anti-System Politics: The Crisis of Market Liberalism in Rich Democracies|chapter=American Nightmare: How Neoliberalism Broke US Democracy|url=|chapter-url=https://books.google.com/books?id=IyXTDwAAQBAJ&pg=PA87|location= |publisher=[[Oxford University Press]]|pages=87–88 |isbn=978-0190699765|doi=10.1093/oso/9780190699765.003.0004}}</ref> The U.S. [[List of countries by number of billionaires|ranks first in the number of dollar billionaires]] and [[List of countries by number of millionaires|millionaires]], with 735 billionaires and nearly 22 million millionaires as of 2023.<ref>{{Cite web |title=Here's How Many Billionaires And Millionaires Live In The U.S. – Forbes Advisor |url=https://www.forbes.com/advisor/retirement/how-many-billionaires-and-millionaires-live-in-the-u-s/#:~:text=As%20of%202023,%20there%20are,your%20own%20definition%20of%20wealth. |access-date=November 20, 2023 |website=Forbes}}</ref> There were about 582,500 sheltered and unsheltered [[Homelessness in the United States|homeless persons in the U.S.]] in 2022, with 60% staying in an emergency shelter or transitional housing program.<ref>{{cite web |url= https://www.huduser.gov/portal/sites/default/files/pdf/2022-AHAR-Part-1.pdf|title=The 2022 Annual Homelessness Assessment Report (AHAR) to Congress|date= December 2022|website= |publisher=The U.S. Department of Housing and Urban Development|access-date=June 16, 2023 }}</ref> In 2022, 6.4 million children experienced food insecurity.<ref name="ers.usda.gov">{{Cite web|url=https://www.ers.usda.gov/topics/food-nutrition-assistance/food-security-in-the-us/key-statistics-graphics.aspx|title=USDA ERS – Key Statistics & Graphics|website= ers.usda.gov|access-date=December 4, 2019}}</ref> [[Feeding America]] estimates that around one in five, or approximately 13 million, [[Hunger in the United States#Children|children experience hunger]] and do not know where they will get their next meal or when.<ref name="FactsAbout">{{Cite web|title= Facts About Child Hunger in America {{!}} Feeding America|url= https://www.feedingamerica.org/hunger-in-america/child-hunger-facts| access-date=December 4, 2019|website= feedingamerica.org}}</ref> {{as of|2022|post=,}} 37.9&nbsp;million people, or 11.5% of the U.S. population, were living [[Poverty in the United States|living in poverty]].<ref>{{Cite web|url=https://www.census.gov/newsroom/stories/poverty-awareness-month.html|title=National Poverty in America Awareness Month: January 2023|first=US Census|last=Bureau|website=Census.gov}}</ref>
 
The United States has a smaller [[welfare state]] and redistributes less income through government action than most other [[World Bank high-income economy|high-income]] countries.<ref>{{cite web|first1=Isabelle|last1=Joumard|first2=Mauro|last2=Pisu|first3=Debbie|last3=Bloch|title=Tackling income inequality The role of taxes and transfers|url=https://www.oecd.org/eco/public-finance/TacklingincomeinequalityTheroleoftaxesandtransfers.pdf|publisher=OECD|access-date=May 21, 2015|year=2012}}</ref><ref>{{cite book |last=Rank|first=Mark Robert |author-link=Mark Robert Rank|date=2023|title=The Poverty Paradox: Understanding Economic Hardship Amid American Prosperity|url=https://books.google.com/books?id=hGewEAAAQBAJ&pg=PA116|location= |publisher=[[Oxford University Press]]|pages=116–117 |isbn= 978-0190212636}}</ref> It is the only [[advanced economy]] that does not [[List of statutory minimum employment leave by country|guarantee its workers paid vacation]] nationally<ref>{{cite news |last=Min |first=Sarah |date=May 24, 2019 |title=1 in 4 workers in U.S. don't get any paid vacation time or holidays|url=https://www.cbsnews.com/news/one-in-four-workers-in-us-dont-get-any-paid-vacation-time-or-holidays/|publisher=CBS News |access-date=July 15, 2022|quote=The United States is the only advanced economy that does not federally mandate any paid vacation days or holidays. }}</ref> and is one of a few countries in the world without federal [[Parental leave in the United States|paid family leave]] as a legal right.<ref>{{cite news |last=Bernard |first=Tara Siegel |date=February 22, 2013 |title=In Paid Family Leave, U.S. Trails Most of the Globe |newspaper=The New York Times |url=https://www.nytimes.com/2013/02/23/your-money/us-trails-much-of-the-world-in-providing-paid-family-leave.html |access-date=August 27, 2013}}</ref> The United States has a higher percentage of low-income [[Working class in the United States|workers]] than almost any other developed country, largely because of a weak [[collective bargaining]] system and lack of government support for at-risk workers.<ref>{{cite news|last=Van Dam|first=Andrew|date=July 4, 2018|title=Is it great to be a worker in the U.S.? Not compared with the rest of the developed world.|newspaper=The Washington Post|url=https://www.washingtonpost.com/news/wonk/wp/2018/07/04/is-it-great-to-be-a-worker-in-the-u-s-not-compared-to-the-rest-of-the-developed-world/?noredirect=on|access-date=July 12, 2018}}</ref>