LeoGlossary: Philadelphia

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Philadelphia is a city in the Commonwealth of Pennsylvania, United States. It is the sixth-most populous city in the United States and is known for its rich history and significance in the country's founding. Philadelphia played a crucial role in the American Revolution and served as the temporary capital of the United States from 1790 to 1800. The city is home to many historical sites, including Independence Hall, where the Declaration of Independence and the United States Constitution were debated and adopted.

Philadelphia is also known for its cultural institutions, such as the Philadelphia Museum of Art, the Philadelphia Orchestra, and the Pennsylvania Academy of the Fine Arts. The city is famous for its iconic symbol, the Liberty Bell, and is often referred to as the "City of Brotherly Love," which is a translation of its Greek name, Philadelphía. Additionally, Philadelphia is renowned for its diverse neighborhoods, vibrant food scene, and professional sports teams, including the Philadelphia Eagles (NFL), Philadelphia Phillies (MLB), Philadelphia 76ers (NBA), and Philadelphia Flyers (NHL).

History

Philadelphia was founded in 1682 by William Penn, a Quaker who was granted a charter to establish a colony in the New World. Penn envisioned a colony where religious freedom and tolerance would be the law of the land. He also wanted to create a city that was well-planned and organized.

Penn arrived in Philadelphia in October 1682 and immediately began to lay out the city. He hired a surveyor named Thomas Holme to design a grid pattern with wide streets and open spaces. The city was also divided into five wards, each of which had its own school and meeting house.

Philadelphia quickly grew into one of the most important cities in the American colonies. It was a major commercial center and a center for learning and culture. The city was also home to a number of prominent figures in the American Revolution, including Benjamin Franklin, Thomas Jefferson, and John Adams.

In 1774, the First Continental Congress met in Philadelphia to discuss the British government's increasingly oppressive policies. The following year, the Second Continental Congress met in Philadelphia and adopted the Declaration of Independence. Philadelphia was also the site of the Constitutional Convention in 1787, which drafted the United States Constitution.

After the American Revolution, Philadelphia served as the temporary capital of the United States. The city was home to the federal government from 1790 to 1800. During this time, Philadelphia was a center of political and economic activity.

In the early 19th century, the federal and state governments left Philadelphia, but the city remained a major cultural and financial center. Philadelphia was home to a number of important industries, including textiles, shipbuilding, and ironworking.

In the late 19th and early 20th centuries, Philadelphia experienced a period of rapid growth. The city's population increased from 100,000 in 1850 to over 1.5 million in 1920. This growth was fueled by the Industrial Revolution and the arrival of immigrants from all over the world.

Philadelphia continued to grow and develop in the 20th century. The city was home to a number of important events, including the 1976 Bicentennial Celebration and the 1992 Democratic National Convention.

Today, Philadelphia is a vibrant and diverse city with a population of over 1.5 million people. The city is home to a number of important universities, museums, and businesses. Philadelphia is also a popular tourist destination, thanks to its rich history and culture.

Economy

Philadelphia is the ninth largest metropolitan economy in the United States, with a gross metropolitan product (GMP) of US$479 billion in 2021. The city's economy is diversified, with major sectors including healthcare and biotechnology, telecommunications, tourism, and financial services.

Major businesses:

Some of the major businesses headquartered in Philadelphia include:

  • Comcast
  • Aramark
  • Independence Blue Cross
  • Crown Holdings
  • Campbell Soup Company
  • PPD
  • Citizens Financial Group
  • Wawa
  • Subaru of America
  • GlaxoSmithKline
  • FMC Corporation

Industries:

The following are some of the major industries in Philadelphia:

  • Healthcare and biotechnology
  • Telecommunications
  • Tourism
  • Financial services
  • Manufacturing
  • Education
  • Professional and business services
  • Retail trade
  • Transportation and warehousing
  • Construction

Size:

The Philadelphia metropolitan area has a population of over 6 million people, making it the ninth largest metropolitan area in the United States. The city of Philadelphia itself has a population of over 1.5 million people.

Outlook

The Philadelphia economy is expected to continue to grow in the coming years. The city is home to a number of important industries, and it is attracting new businesses and residents. Philadelphia is also investing in its infrastructure and its workforce, which will help to boost the economy in the long term.

General:

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