Essay On European Economic Economy

1947 Words8 Pages
ern Capitalistic views in.

The European Economic Community
• Ever since the treaty of Rome, the 6 members of the now European Economic Community had been experiencing economic prosperity and a rapid development in all areas of society.
• Politically, the EEC aimed to reduce tensions in the aftermath of World War II. In particular, it was hoped that integration would promote a lasting reconciliation of France and Germany, thereby reducing the potential for war.
• EEC governance required political cooperation among its members through formal supranational institutions.
• To reduce the risk of there being political separation (some groups supporting communism, others supporting other ideas E.g. capitalism, Western Politics Etc.) the EEC
…show more content…
• With the construction of the berlin wall, Khrushchev confirmed that the GDR would still be in existence. It also meant that Western powers would have to acknowledge East Germany, pretty much ignoring the ideas in the Hallstein Doctrine. With people unable to leave East Germany, it meant Ulbricht could develop a New economic system which was supposedly meant to ‘revolutionize’ the GDR’S economy and gain acceptance for socialism.
• The Berlin wall shifted a large amount of focus onto Berlin and Europe. During this time the EEC stayed relatively quite as they still were only involved with west berlin, not east berlin.
The European Economic Community Turing into the European Community 1967.
• Members revamped the organization several times in order to expand its policy-making powers and to revise its political structure. On July 1, 1967, the governing bodies of the EEC, ECSC, and Euratom were merged. Through the Single European Act , which entered into force in 1987, EEC members committed themselves to remove all remaining barriers to a common market by 1992.
• After the European Economic Community turned into the European Community in 1967, other countries soon joined. In 1973, the European community ‘opened up’ and let in a few more countries such as the United Kingdom, Denmark and Ireland (see illustration). The small group of six countries was slowly growing.
• The EEC turning into the EC could be seen as the true start
Get Access