Spelling out the world’s most powerful country is not always sharply defined and is subjective. A country is defined as a Superpower based on these attributes: political stability, economic influence, defense budget, country’s weapons, global alliances, soft power, and military strength. Only to be expected America has sustained its spot as the most powerful country in the world for past many years.
The United States of America which is a North American nation is defined as the world’s most dominant economic and military power. Along with that America also has a large cultural impact on the world because its popular culture is expressed through the United States cinemas generally referred as Hollywood all around the globe.
Hallmarks of the Superpower
|GDP Per Capita, PPP||$65,298|
|Area||9,833,517 Sq. Km|
Wanna try our service to send money to Gambia or any other country?
The chunk of the budget that goes to any military-related expenditure is known as the defense budget of the country. Defense budget pays the salaries, training and health of the military and civilian personnel plus it covers the homeland security, the State department and many others that involve state security. The U.S. tops the ranking of the countries when it comes to the defense with 778 billion U.S. dollars dedicated to military for fiscal year 2020. The defense budget funds five branches of the U.S. military: the Army, Navy, Marine Corps, Air Force, and Space Force.
The U.S. is the only country that maintains the largest number of military bases on foreign soil across the world. After closing most of its bases in Iraq and Afghanistan, the U.S. still have more or less 800 military bases in more than 70 countries and foreign territories. The U.S. is also considered as nuclear weapon state.
George Washington who was the founding father of America mentioned in his parting speech “It is our true policy to steer clear of permanent alliances with any portion of the foreign world” still U.S. shares extraordinary relations with some countries. The United States and its close allies are liable for two-thirds to three-quarters of the world’s military expenditures. The U.S. created the North Atlantic Treaty Organization (NATO) with Canada and Western Europe in 1949. Now there are total 30 European and North American countries in this intergovernmental military alliance. America spends 3.73% of its GDP on NATO. Significance of this alliance is that on a daily basis, the U.S. and its allies share intelligence, train and exercise alongside each other.
Gross domestic product (GDP) is the total market value of the goods and services produced within the geographic boundaries of a country during a specified period of time. America’s economy is the largest in terms of gross domestic product. The nominal GDP growth of America is $21.4 trillion. Essential exports of America are: computers, electrical machinery, vehicles, chemical products, food, live animals and military equipment. It also has the largest coal reserves with 22.3% share of the global total.
Read More: ” Online money transfer to Gambia or other countries became easier with ACE Money Transfer”
Exactly like the U.S. products, American culture is also getting into every continent through the substantial growth of mass communications. Hollywood is the oldest film industry in the world. It generates several hundred films every year which makes it the largest film industry in terms of revenue. It’s 70% of global box office sale come from international markets. Penetration of American corporations into the foreign countries is also playing a significant role in Americanization. For example McDonald’s is an American fast food chain which is commonly viewed as a symbol of Americanization as it operates 39,198 restaurants worldwide.
A superpower is a country which posses economic might and holds an evident position on international forums and without whose assistance no world issue can be resolved. For now, America is the only country that fits to this criterion of judging a superpower. But with the economic boom and military growth of China, a new debate has started that it can be expected from China not to dominate Asia only but also to compete with the United States as another global superpower.