The United States of America have been the World's biggest economic power since 1945 and have also surpassed the USSR as the dominating military power at the turn of the 21st century. After recovering from the economic recession of 1991-1998 following the Third Oil Crisis, the American economy has again risen to mastership in most economic sectors, only challenged in a few high-tech sectors by Japan and the automobile+chemical industries by West Germany. With the USSR having to divert more and more resources to quelling internal unrest in Central Asia, Afghanistan and Eastern Europe, the USA have now not only the most modern military in the world, but have also for 5 years now together with NATO allies enjoyed a strategic advantage in terms of conventional military forces against the Warsa
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| - The United States of America have been the World's biggest economic power since 1945 and have also surpassed the USSR as the dominating military power at the turn of the 21st century. After recovering from the economic recession of 1991-1998 following the Third Oil Crisis, the American economy has again risen to mastership in most economic sectors, only challenged in a few high-tech sectors by Japan and the automobile+chemical industries by West Germany. With the USSR having to divert more and more resources to quelling internal unrest in Central Asia, Afghanistan and Eastern Europe, the USA have now not only the most modern military in the world, but have also for 5 years now together with NATO allies enjoyed a strategic advantage in terms of conventional military forces against the Warsa
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abstract
| - The United States of America have been the World's biggest economic power since 1945 and have also surpassed the USSR as the dominating military power at the turn of the 21st century. After recovering from the economic recession of 1991-1998 following the Third Oil Crisis, the American economy has again risen to mastership in most economic sectors, only challenged in a few high-tech sectors by Japan and the automobile+chemical industries by West Germany. With the USSR having to divert more and more resources to quelling internal unrest in Central Asia, Afghanistan and Eastern Europe, the USA have now not only the most modern military in the world, but have also for 5 years now together with NATO allies enjoyed a strategic advantage in terms of conventional military forces against the Warsaw Pact in both Europe and East Asia. New President Barack Obama plans to improve and enlarge the military even further have joyed one part of the world, but frightened the other half that Obama will actively topple Communist regimes, which could lead to all-out war with the Soviets. 1 Died while Vice President. 2 Resigned as Vice President. 3 Died of natural causes. 4 Democrat on Whig ticket. 5 Died while Vice President, not replaced. 6 Assassinated. 7 Democrat who ran on Union ticket with Republican Lincoln. 8 Sworn in later than expected.
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