United States economy
E364115
The United States economy is a highly developed, mixed-market system that is the world’s largest by nominal GDP and a central driver of global trade, finance, and innovation.
All labels observed (1)
| Label | Occurrences |
|---|---|
| United States economy canonical | 4 |
Statements (66)
| Predicate | Object |
|---|---|
| instanceOf | national economy ⓘ |
| centralBank | Federal Reserve System ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| currency |
US dollar
ⓘ
surface form:
United States dollar
|
| currencyCode |
US dollar
ⓘ
surface form:
USD
|
| developmentLevel | highly developed ⓘ |
| dominantSector | services sector ⓘ |
| drives |
global finance
ⓘ
global innovation ⓘ global trade ⓘ |
| economicSystem |
capitalist economy
ⓘ
mixed-market economy ⓘ |
| fiscalAuthority |
United States Congress
ⓘ
United States Department of the Treasury ⓘ |
| globalRankByNominalGDP | 1 ⓘ |
| hasFeature |
developed capital markets
ⓘ
federal tax system ⓘ government regulation of markets ⓘ high level of financial market development ⓘ high level of innovation ⓘ high per capita income compared to global average ⓘ large consumer market ⓘ large federal budget ⓘ persistent trade deficit in many years ⓘ reserve currency status of the US dollar ⓘ significant income inequality ⓘ significant role of private enterprise ⓘ state and local tax systems ⓘ |
| innovationHub |
Greater Boston
ⓘ
surface form:
Boston metropolitan area
Seattle metropolitan area ⓘ Silicon Valley ⓘ |
| isPartOf | global economy ⓘ |
| keyIndustry |
aerospace
ⓘ
agriculture ⓘ automotive industry ⓘ energy industry ⓘ entertainment industry ⓘ financial services ⓘ healthcare ⓘ information technology ⓘ pharmaceutical industry ⓘ retail trade ⓘ |
| laborMarketType | flexible labor market ⓘ |
| mainTradingPartner |
Canada
ⓘ
China ⓘ European Union ⓘ Mexico ⓘ |
| majorFinancialCenter |
Chicago
ⓘ
New York City ⓘ San Francisco ⓘ |
| majorSector |
agricultural sector
ⓘ
manufacturing sector ⓘ services sector ⓘ |
| majorStockExchange |
NASDAQ
ⓘ
surface form:
Nasdaq
New York Stock Exchange ⓘ |
| membership |
G20
ⓘ
G7 ⓘ International Monetary Fund ⓘ OECD ⓘ
surface form:
Organisation for Economic Co-operation and Development
World Bank ⓘ World Trade Organization ⓘ |
| monetaryPolicyRegime |
fiat money system
ⓘ
inflation targeting orientation ⓘ |
| primaryLanguage | English ⓘ |
| region | North America ⓘ |
| tradePolicy | generally open trade ⓘ |
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.