5 Reasons Why There is Only One Superpower in the World | American Superpower Status | US President
Channel: Bilal Tech Hub
Date: 04/11/2023

How come the United States is so powerful? Is there an objective reason for it?

Script :
5 reasons why there's only one superpower in the world. 

1, Geography and Geology. 
This may seem like a strange thing to start with, but America's abundance of natural resources is crucial. The United States is home to vast reserves of oil, natural gas, and coal. It has abundant water and fertile land. These resources have been used to fuel economic growth. Another advantage is America's strategic location. There's an ocean on either side of the mainland. This makes foreign invasions unlikely, but it also facilitates trade with both Europe and Asia. 

2, Military Allies. 
Nato is the world's largest military alliance, and the US dominates NATO in both spending and politics. Nato standard weapons are based on American ones. America's allies are obligated to help it if it's attacked. No other country in the world has an equivalent block. 

3, Military Power. 
Even without NATO, the US military is unmatched. First of all, the US spends more than anyone else on defense. In 2022, it was $877 billion. The second biggest spender, China, is far behind with $292 billion. The rest of the world doesn't even come close. More importantly, the US has the largest number of overseas bases.
Thousands of American troops are stationed abroad. There are Air Force, Navy, and Marine bases in Asia, Africa, Europe, and Oceania. Additionally, the US has carrier groups. This means it's capable of rapid deployment almost anywhere. Again, no other country has such capabilities. 

4, Economy. 
It's not all about might, of course. The US is the world's largest economy. Its nominal GDP for 2022 was $25.4 trillion. Once again, China comes second with $17.9 trillion, but China's economy is shrinking. The 2023 forecast is $26.9 trillion for America, plus $1.5 trillion. China's projected GDP for 2023 is $17.7 trillion minus $0.2 trillion. The American stock market is crucial for the global economy. The US dollar is the world's primary reserve currency. Out of the world's 12 biggest companies, 11 are American. The only exception is Saudi Aramco, but it's an oil company based on resources. Most of the US companies are based on intellectual property. America leads the world in technological innovation. This generates a constant influx of investments. 

5, Diversity. 
The US is a melting pot of cultures, religions, and customs. This has helped create a diverse and vibrant society. Of course, it has its problems like any society, but this diversity also drives progress and innovation in the social realm.
From its constitution to its legal concepts, the US has set a certain standard. It's been emulated by numerous to other countries. It's no surprise. The UN headquarters is in New York. Hollywood movies are by far the most watched in the world. The world's most popular music genres are all-American. From blues to jazz to rock and roll to hip hop to R&B, comics, video games, fiction books, even teen parks. All these things enjoy global popularity. Thus, American values spread all over the planet. Whether we like it or not, we have to admit this is absolutely unique. No other culture or nation attracts so much interest. All this, in turn, makes America even more influential. The 1900s were once called the American century, but we may be witnessing the beginning of an American millennium.

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