United States

Fatos

Economy
Still the world’s largest and most diverse economy, driven by technology, industry, natural resources, agriculture and services. Yet most gains in household income since 1975 have gone to the most wealthy 20%, increasing the gap between rich and poor. The 2008-2009 recession has to a large degree also caused many other economies to suffer. The world’s largest importer; the world’s largest debtor, for both public and private debt, both external and internal. The USA accounts for 25% of the world’s GDP and up to 50% of the world’s military spending. The world’s most entrepreneurial economy and society.