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In 1507, German cartographer Martin Waldseemüller produced a world map on which he named the lands of the Western Hemisphere "America" after Italian explorer and cartographer Amerigo Vespucci. The former British colonies first used the country's modern name in the 1776 Declaration of Independence, the unanimous Declaration of the thirteen United States of America. On November15, 1777, the Second Continental Congress adopted the Articles of Confederation, which states, The Stile of this Confederacy shall be The United States of America, The Franco-American treaties of 1778 used United States of North America", but from July 11, 1778, USA was used on the country's bills of exchange, and it has been the official name ever since. The short form United States is also standard. Other common forms include the U.S, the USA, and America. Colloquial names include the United States of America. and, internationally, the States Columbia, a once popular name for the United States, derives from Christopher Columbus, it appears in the name District of Columbia.
Business and Economy
The United States has a capitalist mixed economy, which is fueled by abundant natural resources, a unique infrastructure & super productivity. According to the International Monetary Fund, the U.S. GDP of $15.1 trillion constitutes 22% of the gross world product at market exchange rates and over 19% of the gross world product at purchasing power parity (PPP). Though larger than any other nation's, its country GDP was about 5% smaller at PPP in 2011 than the European Union's, whose population is around 62% higher. The country ranks ninth in the world in nominal GDP per capita and sixth in GDP per capita at PPP. The United States dollar is the world's primary reserve currency. The U.S. is the largest importer and traders of goods and third largest exporter, though exports per capita are relatively low. In 2010, the total United States trade loss was $635 billion. Mexico, Japan, Canada, China and Germany are its top trading partners. In 2010, oil was the largest import commodity, while transportation equipment was the country's largest export.
In 2009, the private sector was estimated to constitute 86.4% of the economy, with federal government activity accounting for 4.3% and state and local government activity the remaining 9.3%. While its economy has reached a postindustrial level of development and its service sector constitutes 67.8% of GDP, the United States remains an industrial power. In August 2010, the American labor force comprised 154.1 million people. With 21.2 million people, government is the leading field of employment. The many private employment sector is health care and social assistance, with 16.4 million people. About 12% of employ are unionized, compared to 30% in Western Europe.
The major cities of this magnanimous country which make this country a exqusite country are both a mixture of the A grade cities and the B grade cities.Cities like New York, Los Angeles, Chicago, Dallas, Houston, Philadelphia, Washington, D.C., Miami, Atlanta, Boston.
Capital - Washington, D.C.
National language - English (de facto)[b]
Total – 9,826,675 km2 (3rd/4th)
3,794,101 sq mi
Water - (%) 6.76
2012 estimate 313,778,000 (3rd)
GDP (PPP) 2011 estimate
Total $15.094 trillion (1st)
Per capita $48,386 (6th)
GDP (nominal) 2011 estimate
Total $15.094 trillion (1st)
Per capita $48,386 (15th)
Gini - (2007) 45.0 (39th)
HDI - (2011) 0.910 (very high) (4th) Currency United States dollar ($) (USD)
Currency - United States dollar ($) (USD)