<P> The 65th Infantry Regiment, nicknamed "The Borinqueneers" from the original Taíno name of the island (Borinquen), is a Puerto Rican regiment of the United States Army . The regiment's motto is Honor et Fidelitas, Latin for Honor and Fidelity . The 65th Infantry Regiment participated in World War I, World War II, the Korean War, and the War on Terror and in 2014 was awarded the Congressional Gold Medal, presented by President Barack Obama, for its heroism during the Korean War . </P> <P> There are no counties, as there are in the 50 United States . There are 78 municipalities . Municipalities are subdivided into barrios, and those into sectors . Each municipality has a mayor and a municipal legislature elected to four - year terms . </P> <P> The economy of Puerto Rico is classified as a high income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum but Puerto Rico currently has a public debt of $72.204 billion (equivalent to 103% of GNP), and a government deficit of $2.5 billion . According to World Bank, gross national income per capita of Puerto Rico in 2013 is $23,830 (PPP, International Dollars), ranked as 63rd among all sovereign and dependent territories entities in the world . Its economy is mainly driven by manufacturing (primarily pharmaceuticals, textiles, petrochemicals and electronics) followed by the service industry (primarily finance, insurance, real estate and tourism). In recent years, the territory has also become a popular destination for MICE (meetings, incentives, conferencing, exhibitions), with a modern convention centre district overlooking the Port of San Juan . </P> <P> The geography of Puerto Rico and its political status are both determining factors on its economic prosperity, primarily due to its relatively small size as an island; its lack of natural resources used to produce raw materials, and, consequently, its dependence on imports; as well as its territorial status with the United States, which controls its foreign policy while exerting trading restrictions, particularly in its shipping industry . </P>

Puerto rico is the size of what us state