The region also has the largest number of federal highways and is the nation's railroad hub. O'Hare International Airport is routinely ranked among the world's top six busiest airports according to tracked data by the Airports Council International. It is the site of the creation of the first standardized futures contracts, issued by the Chicago Board of Trade, which today is part of the largest and most diverse derivatives market in the world, generating 20% of all volume in commodities and financial futures alone. Ĭhicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation. Chicago made noted contributions to urban planning and zoning standards, including new construction styles (such as, Chicago School architecture, the development of the City Beautiful Movement, and the steel-framed skyscraper). The construction boom accelerated population growth throughout the following decades, and by 1900, less than 30 years after the fire, Chicago was the fifth-largest city in the world. The Great Chicago Fire in 1871 destroyed several square miles and left more than 100,000 homeless, but Chicago's population continued to grow to 503,000 by 1880 and then doubled to more than a million within the decade. It grew rapidly in the mid-19th century by 1860, Chicago was the youngest U.S. On the shore of Lake Michigan, Chicago was incorporated as a city in 1837 near a portage between the Great Lakes and the Mississippi River watershed.
county), the city is the center of the Chicago metropolitan area, one of the largest in the world.
As the seat of Cook County (the second-most populous U.S. With a population of 2,746,388 in the 2020 census, it is also the most populous city in the Midwestern United States. state of Illinois and the third-most populous in the United States, after New York City and Los Angeles. Chicago ( / ʃ ɪ ˈ k ɑː ɡ oʊ/ ( listen) shih- KAH-goh, locally also / ʃ ɪ ˈ k ɔː ɡ oʊ/ shih- KAW-goh) is the most populous city in the U.S.
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