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Economy of the United States facts for kids

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The economy of the United States is the world's largest national economy and the world's second-largest overall economy, the GDP of the European Union being approximately $2 trillion larger. Its nominal GDP was estimated to be $21.4 trillion in 2019, approximately a quarter of nominal global GDP. Its GDP at purchasing power parity is the largest in the world, approximately a fifth of global GDP at purchasing power parity.


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Economy of the United States Facts for Kids. Kiddle Encyclopedia.