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The United States also developed the Global Positioning System, which is the world's pre-eminent satellite navigation system. [150] U.S. astronaut Buzz Aldrin saluting the flag on the Moon during the 1969 Apollo 11 mission. The United States is the only country that has sent crewed missions to the lunar surface.
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
A World Values Survey cultural world map, describing the United States as low in "Secular-Rational Values" and high in "Self-Expression Values". The society of the United States is based on Western culture, and has been developing since long before the United States became a country with its own unique social and cultural characteristics such as dialect, music, arts, social habits, cuisine ...
The United States economy was mostly agricultural with increasingly industry throughout the first third of the 19th century. Most people lived on farms and produced much of what they consumed. A considerable percentage of the non-farm population was engaged in handling goods for export. The country was an exporter of agricultural products.
Developments in the culture of the United States in modern history have often been followed by similar changes in the rest of the world (American cultural imperialism). This includes knowledge, customs, and arts of Americans, as well as events in the social, cultural, and political spheres.
That phenomenon may be partially reflected in current economic data: Despite an overall slowing of economic growth, the unemployment rate has remained at multi-year lows, and is currently just 3.6 ...
Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [ 1 ]
American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 ...