Houghton Mifflin Harcourt
Houghton Mifflin Harcourt is a publisher of textbooks, instructional technology materials, reference works, fiction and non-fiction for both young readers and adults. The company is based in Boston's Financial District; the company was known as Houghton Mifflin Company but changed its name following the 2007 acquisition of Harcourt Publishing. Prior to March 2010, it was a subsidiary of Education Media and Publishing Group Limited, an Irish-owned holding company registered in the Cayman Islands and known as Riverdeep. In 1832, William Ticknor and John Allen purchased a bookselling business in Boston and began to involve themselves in publishing. James Thomas Fields joined as a partner in 1843 and with Tickner gathered an impressive list of writers, including Ralph Waldo Emerson, Nathaniel Hawthorne, Henry David Thoreau; the duo formed a close relationship with Riverside Press, a Boston printing company owned by Henry Oscar Houghton. Houghton founded his own publishing company with partner Melancthon Hurd in 1864, with George Mifflin joining the partnership in 1872.
In 1878, Ticknor and Fields, now under the leadership of James R. Osgood, found itself in financial difficulties and merged its operations with Hurd and Houghton; the new partnership, named Houghton and Company, held the rights to the literary works of both publishers. When Osgood left the firm two years the business reemerged as Houghton and Company. Despite a lucrative partnership with Lawson Valentine, Houghton and Company still had debt it had inherited from Ticknor and Fields, so it decided to add partners. In 1884 James D. Hurd, the son of Melancthon Hurd, became a partner. In 1888, three others became partners as well: James Murray Kay, Thurlow Weed Barnes, Henry Oscar Houghton Jr. Shortly thereafter, the company established an Educational Department, from 1891 to 1908 sales of educational materials increased by 500 percent; the firm incorporated in 1908. Soon after 1916, Houghton Mifflin became involved in publishing standardized tests and testing materials, working with such test developers as E. F. Lindquist.
By 1921, the company was the fourth-largest educational publisher in the United States. In 1961, Houghton Mifflin famously passed on Julia Child's Mastering the Art of French Cooking, giving it up to Alfred A. Knopf who published it in 1962, it is considered by many to be the bible of French cooking. Houghton Mifflin's strategic error was depicted in the 2009 film Julia. In 1967, Houghton Mifflin became a publicly traded company on the New York Stock Exchange under the stock symbol HTN. In 1979, Houghton Mifflin acquired the children's division of Seabury Press. Under president Nader F. Darehshori Houghton Mifflin acquired McDougal Littell in 1994 for $138 million, an educational publisher of secondary school materials, the following year acquired D. C. Heath and Company, a publisher of supplemental educational resources. In 1996, the company created their Great Source Education Group to combine the supplemental material product lines of their School Division and these two companies. In 1998, HMH announced a sub-brand called LOGAL Software, to release a new line of interactive science software called Science Gateways, to support the United States curriculum.
As of 2017, Houghton Mifflin Harcourt is offering the "Logal Science" brand as a licensing opportunity on its website. In 2017, it was announced that Houghton Mifflin Harcourt would be getting involved in TV production with a planned 2019 Netflix series that will revive the Carmen Sandiego franchise. Mergers and acquisitions activities have had major effects on this company. In 2001, Houghton Mifflin was acquired by French media giant Vivendi Universal for $2.2 billion including assumed debt. In 2002, facing mounting financial and legal pressures, Vivendi sold Houghton to private equity investors Thomas H. Lee Partners, Bain Capital, Blackstone Group for $1.66 billion, including assumed debt. On December 22, 2006, it was announced that Riverdeep PLC had completed its acquisition of Houghton Mifflin; the new joint enterprise would be called the Houghton Mifflin Riverdeep Group. Riverdeep paid $1.75 billion in cash and assumed $1.61 billion in debt from the private investment firms Thomas H. Lee Partners, Bain Capital and Blackstone Group.
Tony Lucki, a former non-executive director of Riverdeep, remained in his position as the company's chief executive officer until April 2009. Houghton Mifflin sold its professional testing unit, Promissor, to Pearson plc in 2006; the company combined its remaining assessment products within Riverside Publishing, including San Francisco-based Edusoft. On July 16, 2007, Houghton Mifflin Riverdeep announced that it signed a definitive agreement to acquire the Harcourt Education, Harcourt Trade and Greenwood-Heinemann divisions of Reed Elsevier for $4 billion; the expanded company would become Houghton Mifflin Harcourt. McDougal Littell was merged with Harcourt's Rinehart & Winston to form Holt McDougal. On December 3, 2007, Cengage Learning announced that it had agreed to acquire the assets of the Houghton Mifflin College Division for $750 million, pending regulatory approval. On November 25, 2008, Houghton Mifflin Harcourt announced a temporary freeze on acquisition of new trade division titles in response to the economic crisis of 2008.
The publisher of the trade division resigned in protest. Many observers familiar with the publishing industry saw the move as a devastating blunder. Harcourt Religion was sold to Our Sunday Visitor in 2009. On July 27, 2009, the Irish
In mathematics and computer science, an algorithm is an unambiguous specification of how to solve a class of problems. Algorithms can perform calculation, data processing, automated reasoning, other tasks; as an effective method, an algorithm can be expressed within a finite amount of space and time and in a well-defined formal language for calculating a function. Starting from an initial state and initial input, the instructions describe a computation that, when executed, proceeds through a finite number of well-defined successive states producing "output" and terminating at a final ending state; the transition from one state to the next is not deterministic. The concept of algorithm has existed for centuries. Greek mathematicians used algorithms in the sieve of Eratosthenes for finding prime numbers, the Euclidean algorithm for finding the greatest common divisor of two numbers; the word algorithm itself is derived from the 9th century mathematician Muḥammad ibn Mūsā al-Khwārizmī, Latinized Algoritmi.
A partial formalization of what would become the modern concept of algorithm began with attempts to solve the Entscheidungsproblem posed by David Hilbert in 1928. Formalizations were framed as attempts to define "effective calculability" or "effective method"; those formalizations included the Gödel–Herbrand–Kleene recursive functions of 1930, 1934 and 1935, Alonzo Church's lambda calculus of 1936, Emil Post's Formulation 1 of 1936, Alan Turing's Turing machines of 1936–37 and 1939. The word'algorithm' has its roots in Latinizing the name of Muhammad ibn Musa al-Khwarizmi in a first step to algorismus. Al-Khwārizmī was a Persian mathematician, astronomer and scholar in the House of Wisdom in Baghdad, whose name means'the native of Khwarazm', a region, part of Greater Iran and is now in Uzbekistan. About 825, al-Khwarizmi wrote an Arabic language treatise on the Hindu–Arabic numeral system, translated into Latin during the 12th century under the title Algoritmi de numero Indorum; this title means "Algoritmi on the numbers of the Indians", where "Algoritmi" was the translator's Latinization of Al-Khwarizmi's name.
Al-Khwarizmi was the most read mathematician in Europe in the late Middle Ages through another of his books, the Algebra. In late medieval Latin, English'algorism', the corruption of his name meant the "decimal number system". In the 15th century, under the influence of the Greek word ἀριθμός'number', the Latin word was altered to algorithmus, the corresponding English term'algorithm' is first attested in the 17th century. In English, it was first used in about 1230 and by Chaucer in 1391. English adopted the French term, but it wasn't until the late 19th century that "algorithm" took on the meaning that it has in modern English. Another early use of the word is from 1240, in a manual titled Carmen de Algorismo composed by Alexandre de Villedieu, it begins thus: Haec algorismus ars praesens dicitur, in qua / Talibus Indorum fruimur bis quinque figuris. Which translates as: Algorism is the art by which at present we use those Indian figures, which number two times five; the poem is a few hundred lines long and summarizes the art of calculating with the new style of Indian dice, or Talibus Indorum, or Hindu numerals.
An informal definition could be "a set of rules that defines a sequence of operations". Which would include all computer programs, including programs that do not perform numeric calculations. A program is only an algorithm if it stops eventually. A prototypical example of an algorithm is the Euclidean algorithm to determine the maximum common divisor of two integers. Boolos, Jeffrey & 1974, 1999 offer an informal meaning of the word in the following quotation: No human being can write fast enough, or long enough, or small enough† to list all members of an enumerably infinite set by writing out their names, one after another, in some notation, but humans can do something useful, in the case of certain enumerably infinite sets: They can give explicit instructions for determining the nth member of the set, for arbitrary finite n. Such instructions are to be given quite explicitly, in a form in which they could be followed by a computing machine, or by a human, capable of carrying out only elementary operations on symbols.
An "enumerably infinite set" is one whose elements can be put into one-to-one correspondence with the integers. Thus and Jeffrey are saying that an algorithm implies instructions for a process that "creates" output integers from an arbitrary "input" integer or integers that, in theory, can be arbitrarily large, thus an algorithm can be an algebraic equation such as y = m + n – two arbitrary "input variables" m and n that produce an output y. But various authors' attempts to define the notion indicate that the word implies much more than this, something on the order of: Precise instructions for a fast, efficient, "good" process that specifies the "moves" of "the computer" to find and process arbitrary input integers/symbols m and n, symbols + and =... and "effectively" produce, in a "reasonable" time, output-integer y at a specified place and in a specified format
Beverly Hills, California
Beverly Hills is a city located in Los Angeles County, United States. Beverly Hills is surrounded by the cities of West Hollywood. Sometimes referred to as "90210," one of its primary ZIP codes, it is home to many celebrities, several hotels, the Rodeo Drive shopping district. A Spanish ranch where lima beans were grown, Beverly Hills was incorporated in 1914 by a group of investors who had failed to find oil, but found water instead and decided to develop it into a town. By 2013, its population had grown to 34,658. Gaspar de Portolá arrived in the area that would become Beverly Hills on August 3, 1769, travelling along native trails which followed the present-day route of Wilshire Boulevard; the area was settled by Maria Rita Quinteros de Valdez and her husband in 1828. They called their 4,500 acres of property the Rancho Rodeo de las Aguas. In 1854, she sold the ranch to Benjamin Davis Henry Hancock. By the 1880s, the ranch had been subdivided into parcels of 75 acres and was being bought up by anglos from Los Angeles and the East coast.
Henry Hammel and Andrew H. Denker used it for farming lima beans. At this point, the area was known as the Denker Ranch. By 1888, Denker and Hammel were planning to build a town called Morocco on their holdings. In 1900, Burton E. Green, Charles A. Canfield, Max Whittier, Frank H. Buck, Henry E. Huntington, William G. Kerckhoff, William F. Herrin, W. S. Porter, Frank H. Balch, formed the Amalgamated Oil Company, bought the Hammel and Denker ranch, began looking for oil, they did not find enough to exploit commercially by the standards of the time, though. In 1906, they reorganized as the Rodeo Land and Water Company, renamed the property "Beverly Hills," subdivided it, began selling lots; the development was named "Beverly Hills" after Beverly Farms in Beverly and because of the hills in the area. The first house in the subdivision was built in 1907. Beverly Hills was one of many all-white planned communities started in the Los Angeles area around this time. Restrictive covenants prohibited non-whites from owning or renting property unless they were employed as servants by white residents.
It was forbidden to sell or rent property to Jews in Beverly Hills. Burton Green began construction on The Beverly Hills Hotel in 1911; the hotel was finished in 1912. The visitors drawn by the hotel were inclined to purchase land in Beverly Hills, by 1914 the subdivision had a high enough population to incorporate as an independent city; that same year, the Rodeo Land and Water Company decided to separate its water business from its real estate business. The Beverly Hills Utility Commission was split off from the land company and incorporated in September 1914, buying all of the utilities-related assets from the Rodeo Land and Water Company. In 1919, Douglas Fairbanks and Mary Pickford bought land on Summit Drive and built a mansion, finished in 1921 and nicknamed "Pickfair" by the press; the glamour associated with Fairbanks and Pickford as well as other movie stars who built mansions in the city contributed to its growing appeal. By the early 1920s the population of Beverly Hills had grown enough to make the water supply a political issue.
In 1923 the usual solution, annexation to the city of Los Angeles, was proposed. There was considerable opposition to annexation among such famous residents as Pickford, Will Rogers and Rudolph Valentino; the Beverly Hills Utility Commission, opposed to annexation as well, managed to force the city into a special election and the plan was defeated 337 to 507. In 1925, Beverly Hills approved a bond issue to buy 385 acres for a new campus for UCLA; the cities of Los Angeles, Santa Monica and Venice issued bonds to help pay for the new campus. In 1928, the Beverly Wilshire Apartment Hotel opened on Wilshire Boulevard between El Camino and Rodeo drives, part of the old Beverly Hills Speedway; that same year oilman Edward L. Doheny finished construction of Greystone Mansion, a 55-room mansion meant as a wedding present for his son Edward L. Doheny, Jr; the house is now owned by the city of Beverly Hills. In the early 1930s, Santa Monica Park was renamed Beverly Gardens and was extended to span the entire two-mile length of Santa Monica Boulevard through the city.
The Electric Fountain marks the corner of Santa Monica Blvd. and Wilshire Blvd. with a small sculpture at the top of a Tongva kneeling in prayer. In April 1931, the new Italian Renaissance-style Beverly Hills City Hall was opened. In the early 1940s, black actors and businessmen had begun to move into Beverly Hills, despite the covenants allowing only whites to live in the city. A neighborhood improvement association attempted to enforce the covenant in court; the defendants included such luminaries as Hattie McDaniel, Louise Beavers, Ethel Waters. Among the white residents supporting the lawsuit against blacks was silent film star Harold Lloyd; the NAACP participated in the defense, successful. In his decision, federal judge Thurmond Clarke said that it was time that "members of the Negro race are accorded, without reservations or evasions, the full rights guaranteed to them under the 14th amendment." The United States Supreme Court declared restrictive covenants unenforceable in 1948 in Shelley v. Kraemer.
A group of Jewish residents of Beverly Hills filed an amicus brief in this case. In 1956, Paul Trousdale purchased the grounds of the Doheny Ranch and developed it into the Trousdale Estates, convincing the city of Beverly Hills to annex it; the neighborhood has been home to Elvis Presley, Frank Sinatra, Dean Martin, Tony Curtis, Ray Charles
Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington that focuses in e-commerce, cloud computing, artificial intelligence. Amazon is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization. Amazon.com was founded by Jeff Bezos on July 5, 1994, started as an online bookstore but diversified to sell video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, video games, apparel, food and jewelry. The company owns a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, produces consumer electronics lines including Kindle e-readers, Fire tablets, Fire TV, Echo devices, is the world's largest provider of cloud infrastructure services through its AWS subsidiary. Amazon has separate retail websites for some countries and offers international shipping of some of its products to certain other countries. 100 million people subscribe to Amazon Prime.
Amazon is the largest Internet company by revenue in the world and the second largest employer in the United States. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization. In 2017, Amazon acquired Whole Foods Market for $13.4 billion, which vastly increased Amazon's presence as a brick-and-mortar retailer. The acquisition was interpreted by some as a direct attempt to challenge Walmart's traditional retail stores. In 1994, Jeff Bezos incorporated Amazon. In May 1997, the organization went public; the company began selling music and videos in 1998, at which time it began operations internationally by acquiring online sellers of books in United Kingdom and Germany. The following year, the organization sold video games, consumer electronics, home-improvement items, software and toys in addition to other items. In 2002, the corporation started Amazon Web Services, which provided data on Web site popularity, Internet traffic patterns and other statistics for marketers and developers.
In 2006, the organization grew its AWS portfolio when Elastic Compute Cloud, which rents computer processing power as well as Simple Storage Service, that rents data storage via the Internet, were made available. That same year, the company started Fulfillment by Amazon which managed the inventory of individuals and small companies selling their belongings through the company internet site. In 2012, Amazon bought Kiva Systems to automate its inventory-management business, purchasing Whole Foods Market supermarket chain five years in 2017; as of March 2019, the board of directors is: Jeff Bezos, President, CEO, Chairman Tom Alberg, Managing partner, Madrona Venture Group Rosalind Brewer, Group President, COO, Starbucks Jamie Gorelick, Wilmer Cutler Pickering Hale, Dorr Daniel P. Huttenlocher and Vice Provost, Cornell University Judy McGrath, former CEO, MTV Networks Indra Nooyi, former CEO, PepsiCo Jon Rubinstein, former Chairman, CEO, Inc. Thomas O. Ryder, former Chairman, CEO, Reader's Digest Association Patty Stonesifer, CEO, Martha's Table Wendell P. Weeks, President, CEO, Corning Inc.
In 2000, U. S. toy retailer Toys "R" Us entered into a 10-year agreement with Amazon, valued at $50 million per year plus a cut of sales, under which Toys "R" Us would be the exclusive supplier of toys and baby products on the service, the chain's website would redirect to Amazon's Toys & Games category. In 2004, Toys "R" Us sued Amazon, claiming that because of a perceived lack of variety in Toys "R" Us stock, Amazon had knowingly allowed third-party sellers to offer items on the service in categories that Toys "R" Us had been granted exclusivity. In 2006, a court ruled in favor of Toys "R" Us, giving it the right to unwind its agreement with Amazon and establish its own independent e-commerce website; the company was awarded $51 million in damages. In 2001, Amazon entered into a similar agreement with Borders Group, under which Amazon would co-manage Borders.com as a co-branded service, Borders pulled out of the arrangement in 2007, with plans to launch its own online store. On October 18, 2011, Amazon.com announced a partnership with DC Comics for the exclusive digital rights to many popular comics, including Superman, Green Lantern, The Sandman, Watchmen.
The partnership has caused well-known bookstores like Barnes & Noble to remove these titles from their shelves. In November 2013, Amazon announced a partnership with the United States Postal Service to begin delivering orders on Sundays; the service, included in Amazon's standard shipping rates, initiated in metropolitan areas of Los Angeles and New York because of the high-volume and inability to deliver in a timely way, with plans to expand into Dallas, New Orleans and Phoenix by 2014. In June 2017, Nike confirmed a "pilot" partnership with Amazon to sell goods directly on the platform; as of October 11, 2017, AmazonFresh sells a range of Booths branded products for home delivery in selected areas. In September 2017, Amazon ventured with one of its sellers JV Appario Retail owned by Patni Group which has recorded a total income of US$ 104.44 million in financial year 2017–18. In November 2018, Amazon reached an agreement with Apple Inc. to sell selected products through the service, via the company and selected Apple Authorized Resellers.
As a result of this partnership, only Apple Authorized Resellers may sell Apple products on Amazon effective January 4, 2019. Amazon.com's product lines available at its website include several media, baby products, consumer electronics, beauty products, gourmet food, groceries and perso
A box office or ticket office is a place where tickets are sold to the public for admission to an event. Patrons may perform the transaction at a countertop, through a hole in a wall or window, or at a wicket. By extension, the term is used in the context of the film industry, as a synonym for the amount of business a particular production, such as a film or theatre show, receives. Box office business can be measured in the terms of the number of tickets sold or the amount of money raised by ticket sales; the projection and analysis of these earnings is important for the creative industries and a source of interest for fans. This is predominant in the Hollywood movie industry; the term is attested since 1786 from sales of boxes. The sense of "total sales" is attested from 1904. A folk etymology is that this derives from Elizabethan theatre, where theatre admission was collected in a box attached to a long stick, passed around the audience. However, first attestation is about 200 years making this unlikely.
There are numerous websites that monitor box-office receipts, such as BoxOffice, Box Office India, Box Office Mojo, ShowBIZ Data and The Numbers which provide detailed information for many movies but have less and incomplete data for older movies due to the history of how box office reporting evolved in the U. S. and the availability of this information prior to the introduction of the internet. Although other publications have published box office data over the years, the longevity and regular reporting of Variety makes it a significant source for older box office reporting for the US market and US films. During the 1920s, Variety reported box office grosses for films by theatre for certain U. S. cities. In 1946, they started to publish a weekly National Box Office survey on page 3 indicating the performance of the week's hits and flops based on the box office results of 25 key U. S. cities. During the 1930s, Variety published charts of the top performing films of the year and has maintained this tradition annually since.
In 1946, they published a list of All-Time Top Grossers with a list of films that had achieved or gave promise of earning $4,000,000 or more in domestic rentals. They would publish an updated all-time list annually for over 50 years in their anniversary edition each January; the anniversary edition would normally contain the list of the top performing films of the year. Some publications such as BoxOffice magazine published box office performance expressed as a percentage compared to regular films Some of the early annual reports from Variety used this format. From the 1930s, BoxOffice magazine published a Barometer issue in January giving the performance of movies for the year expressed as percentages; the first issue of The Motion Picture Almanac in 1929 used this format to rank money makers. In the late 1960s, Variety used an IBM 360 computer to collate the grosses from their weekly reports of 22 to 24 U. S. cities from January 1, 1968. The data came from up to 800 theatres which represented around 5% of the U.
S. cinema population at the time but around one-third of the total U. S. box office grosses. In 1969, they started to publish the computerized box office compilation of the top 50 grossing films of the week based on this data. "The Love Bug" was the number one in the first chart published for the week ending April 16, 1969. The chart was discontinued in 1990. In 1976, Marcy Polier, an employee of the Mann theater chain, set up Centralized Grosses to collate U. S. daily box office data on a centralized basis rather than each theater chain collating their own numbers from other theater chains. The company became National Gross Service Entertainment Data, Inc.. Except for disclosures by the studios on successful films, total domestic box office gross information for films was not available until National Gross Service started to collate this data around 1981; the collation of grosses led to wider reporting of domestic box office grosses for films. Arthur D. Murphy at Variety was one of the first to organize and chart that information and report it in a meaningful form.
During the 1980s, Daily Variety started to publish a weekly chart of the domestic box office grosses of films as compared to the Top 50 chart in Variety, based on a sample of key markets. The focus of a film's performance became its box office gross rather than the rentals that Variety continued to report annually. Prior to the tracking of these grosses, domestic or worldwide box office grosses is not available for many earlier films so the only domestic or worldwide data available is still the rental figures. In 1984, EDI started to report Canadian grosses as well and by 1985 was reporting data for 15,000 screens. In 1987, EDI set up a database of box office information which included data on certain films back to 1970. By 1991, all U. S. studios had agreed to share their complete data reports with EDI. In 1990, EDI opened an office in the UK, moved into Germany in 1993 and Spain in 1995 reporting box office data for those markets. EDI were acquired by ACNielsen Corporation in 1997 for $26 million and became Nielsen EDI.
In December 2009, with its acquisition of Nielsen EDI for $15 million, measurement company Rentrak became the sole provider of worldwide box office ticket sales revenue and attendance information, used by many of the websites noted above. For a list of films which are major box-office hits, see List of highest-grossing films. Films that are considered to have been unsuccessful at the box office are called box office bombs or box off
The United States of America known as the United States or America, is a country composed of 50 states, a federal district, five major self-governing territories, various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is smaller than the entire continent of Europe's 3.9 million square miles. With a population of over 327 million people, the U. S. is the third most populous country. The capital is Washington, D. C. and the largest city by population is New York City. Forty-eight states and the capital's federal district are contiguous in North America between Canada and Mexico; the State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean; the U. S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The diverse geography and wildlife of the United States make it one of the world's 17 megadiverse countries.
Paleo-Indians migrated from Siberia to the North American mainland at least 12,000 years ago. European colonization began in the 16th century; the United States emerged from the thirteen British colonies established along the East Coast. Numerous disputes between Great Britain and the colonies following the French and Indian War led to the American Revolution, which began in 1775, the subsequent Declaration of Independence in 1776; the war ended in 1783 with the United States becoming the first country to gain independence from a European power. The current constitution was adopted in 1788, with the first ten amendments, collectively named the Bill of Rights, being ratified in 1791 to guarantee many fundamental civil liberties; the United States embarked on a vigorous expansion across North America throughout the 19th century, acquiring new territories, displacing Native American tribes, admitting new states until it spanned the continent by 1848. During the second half of the 19th century, the Civil War led to the abolition of slavery.
By the end of the century, the United States had extended into the Pacific Ocean, its economy, driven in large part by the Industrial Revolution, began to soar. The Spanish–American War and World War I confirmed the country's status as a global military power; the United States emerged from World War II as a global superpower, the first country to develop nuclear weapons, the only country to use them in warfare, a permanent member of the United Nations Security Council. Sweeping civil rights legislation, notably the Civil Rights Act of 1964, the Voting Rights Act of 1965 and the Fair Housing Act of 1968, outlawed discrimination based on race or color. During the Cold War, the United States and the Soviet Union competed in the Space Race, culminating with the 1969 U. S. Moon landing; the end of the Cold War and the collapse of the Soviet Union in 1991 left the United States as the world's sole superpower. The United States is the world's oldest surviving federation, it is a representative democracy.
The United States is a founding member of the United Nations, World Bank, International Monetary Fund, Organization of American States, other international organizations. The United States is a developed country, with the world's largest economy by nominal GDP and second-largest economy by PPP, accounting for a quarter of global GDP; the U. S. economy is post-industrial, characterized by the dominance of services and knowledge-based activities, although the manufacturing sector remains the second-largest in the world. The United States is the world's largest importer and the second largest exporter of goods, by value. Although its population is only 4.3% of the world total, the U. S. holds 31% of the total wealth in the world, the largest share of global wealth concentrated in a single country. Despite wide income and wealth disparities, the United States continues to rank high in measures of socioeconomic performance, including average wage, human development, per capita GDP, worker productivity.
The United States is the foremost military power in the world, making up a third of global military spending, is a leading political and scientific force internationally. In 1507, the German cartographer Martin Waldseemüller produced a world map on which he named the lands of the Western Hemisphere America in honor of the Italian explorer and cartographer Amerigo Vespucci; the first documentary evidence of the phrase "United States of America" is from a letter dated January 2, 1776, written by Stephen Moylan, Esq. to George Washington's aide-de-camp and Muster-Master General of the Continental Army, Lt. Col. Joseph Reed. Moylan expressed his wish to go "with full and ample powers from the United States of America to Spain" to seek assistance in the revolutionary war effort; the first known publication of the phrase "United States of America" was in an anonymous essay in The Virginia Gazette newspaper in Williamsburg, Virginia, on April 6, 1776. The second draft of the Articles of Confederation, prepared by John Dickinson and completed by June 17, 1776, at the latest, declared "The name of this Confederation shall be the'United States of America'".
The final version of the Articles sent to the states for ratification in late 1777 contains the sentence "The Stile of this Confederacy shall be'The United States of America'". In June 1776, Thomas Jefferson wrote the phrase "UNITED STATES OF AMERICA" in all capitalized letters in the headline of his "original Rough draught" of the Declaration of Independence; this draft of the document did not surface unti