The USA is a country well- endowed with natural resources and strategically suited geographical location. In the 20th century history too was on its side as a number of factors added to its strengths and, overcoming the setback of the great depression, after the end of the Second World War the USA emerged as the most powerful country in the world with its great military power supported by wider military alliances and above all its currency having worldwide acceptance.

Subsequently the USA added very substantially to its military strengths and even after unilaterally moving away from the gold standard the international acceptance of its currency was retained. Its glory appeared to be complete with the disintegration of the Soviet Union around 1990.

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