American Century - Post-1945 Characteristics

Post-1945 Characteristics

The American Century existed through the Cold War and demonstrated the status of the United States as one of the world's two superpowers. After the Cold War, the most common belief held that only the United States fulfilled the criteria to be considered a superpower. America's geographic area composed the fourth largest country in the world, with an area of approximately 9.37 million kmĀ². America's demographic exhibited a population of 248.7 million in 1990, at that time the fourth largest on Earth.

Regarding the Mid-to-Late-20th Century characteristics, America's political status was a strong capitalist federation/constitutional republic. America had a permanent seat on the UN Security Council plus two allies with permanent seats, France and United Kingdom. America had strong ties with Western Europe, Latin America, British Commonwealth, and several East Asian countries (Korea, Taiwan, Japan). America wielded influence by supporting right-wing dictatorships in undeveloped countries and democracies in developed countries.

The American Century doesn't just include the political influence of the United States. As to the United States' economic influence, many states around the world would over the course of the 20th century adopt the economic policies of the Washington Consensus. America's economic force was powerful at the end of the century due to America being by far the largest economy in the world. America had large resources of minerals, energy resources, metals, and timber, a large and modernized farming industry and large industrial base. U.S. Dollar was the dominant world reserve currency under Bretton Woods. American systems were rooted in the western economic theory based on supply and demand: production determined by customers' demands. America was allied with G7 major economies. American economic policy prescriptions were the "standard" reform packages promoted for crisis-wracked developing countries by Washington, DC-based institutions such as the International Monetary Fund (IMF), World Bank and the US Treasury Department.

America's military strength was an essentially naval-based advanced military with the highest military expenditure in the world. America had the world's largest navy with largest number of aircraft carriers, bases all over the world, particularly in an incomplete "ring" bordering the Warsaw Pact to the West, South and East. America had the largest nuclear arsenal in the world during the first half of the Cold War. America had one of the largest armies in the world. America had one of the two largest air forces in the world. America's powerful military allies in Western Europe (NATO) had their own nuclear capabilities. America possessed a global Intelligence network (CIA).

America's cultural impact is seen in the influence of music, TV, films, art, and fashion, as well as freedom of speech and other guaranteed rights for residents. American pop stars such as Elvis Presley, Michael Jackson, and Madonna have become global celebrities.

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