europe government and economics. 2.1 the european union history of unifying – 1948- marshall plan...
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Europe Government and Economics
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2.1 The European Union
• History of unifying– 1948- Marshall Plan was used to rebuild Europe
after WWII– 1953- Common Market established to put down
trade barriers– 1992- European Union started to help trade,
stabilize governments and unify Europe
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2.1 How have these united Europe
• Countries realized they could accomplish more if they worked together
• Trade became easier and less expensive• No restrictions or tariffs on imports and
exports• Common currency( Euro)• Promoted Democracy on the continent
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2.2 Impact of the Euro
• Eurozone( 17 countries) was established were common currency would be used
• Euro– Common side- have same image and a number
value– National side(back) – have a design chosen by the
member nation
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2.2 Economic Impact
• No fees for exchanging money• Made travel easier and less expensive• Increased tourism• Lowered fees for conducting business- trade
increased• Comparison shopping- buy the cheapest
products- competition developed
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2.2 Political Benefits
• Unity among nations• Financial help- Greece and Ireland– Loans given to countries in financial difficulty– Stabilizes the economy , which stabilizes the
countries government. Less rebellions and political unrest
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2.3 Democracy in Eastern Europe
• Challenges– Corrupt leaders– Civil wars( Yugoslavia)– Interference from Russia – Interference from Communist parties
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2.3 Market Economy in Eastern Europe
• Challenges– Slow developing private businesses– Businesses aren't competitive– Rise in prices– unemployment
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2.4 Europe: Changing Demographics
• Aging population – average age is rising and more people are retiring ….. Shortage of workers
• Workers are needed to pay taxes to pay for education and health care
• Guest workers and immigrants have filled the gap in most countries
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2.4 Changing Demographics
• Reasons for immigration– Jobs and a better life– Escape poverty– Escape civil wars, political unrest and conflict– Escape unjust governments
• Challenges of immigration: Tensions– Competition for jobs– Illegal immigrants cause economic strain– Different cultural traditions and customs– Different religions and beliefs