Philadelphia is one of the most famously written about cities in the United States. The name
is attached to everything from popular foods like the "Cheesesteak"
and "Cream Cheese" to popular movies like "Rocky" and the aptly
titled Academy Award winning Tom Hanks' drama, "Philadelphia," to
the supposed naval "Experiment" that took place during World War
II with the city serving as the source for the supernatural teleportation
of a U.S. Navy Destroyer. And, of course, Philadelphia is a name
that's synonymous with famous sports teams such as the Eagles and
Flyers, 76ers and Phillies, not to mention home to the most famous
Franklin in the world.
Founded in 1682 by an English Quaker named William Penn, the city
began life as a modest parcel of land located near the Atlantic
Coast. It developed rapidly throughout the 18th century, soon becoming
the cultural center of the New World. Philadelphia symbolizes the
birth of the nation, giving rise to the most significant events
in American history. It is a city rife with tradition that dates
back to the American Revolution and the famous July Fourth declaration
as well as the serving ground for the U.S. Constitution and temporary
national capital prior to Washington D.C. at the end of the century.
Philadelphia, sometimes referred to simply as "Philly" and
sometimes as the "the City of Brotherly Love," is the fifth largest
city in the United States with a population of approximately 1.6
million. Headed by such prominent institutions as Philadelphia,
Drexel and Thomas Jefferson Universities, it is also one of the
largest college/university towns with more than 120,000 students
studying within the city limits alone and nearly 300,000 total in
the metropolitan area. Philadelphia's economy is heavily based on
manufacturing, refining, food, and financial services, and the city
also has its own stock exchange. Founded in 1790, the Philadelphia
Stock Exchange (PSEX) is the oldest in the United States.