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The European Union

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Cheryl Essex

on 22 January 2016

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Transcript of The European Union

The European
Union

The European Union (EU) is an economic and political union of 28 states.
Watch the following video. Listen for the 3 important things to know about the Union.

Members of the EU and Dates of Admission

History
The founding countries of the EU are Belgium, France, Germany, Italy, Luxembourg and the Netherlands

After WWII, the EU was created in Western Europe.

The European Coal and Steel Community, established in the 1951.
The EU Has its own Parliament and The European Council
This is similar to our Congress in some ways.
They have a court-
The Court of Justice of the European Union
Who: One judge is appointed by and from each country's own government.

Why would they need this instead of just using one of the existing courts, for example in France?
The Military


It is essentially just a military alliance between the member states.

The Banks
Manages the euro and stabilizes inflation and the economy.
The Central Bank
The Investment Bank
Lends it at a low interest rate to projects that improve infrastructure, energy supply or environmental standards inside the EU.
Belgium (1952)
France (1952)
Germany (1952)
Luxembourg (1952)
Netherlands (1952)
Italy (1952)
United Kingdom (1973)
Sweden (1995)
Cyprus (2004)
Czech Republic (2004)
Estonia (2004)
Hungary (2004)
Latvia (2004)
Lithuania (2004)
Denmark (1973)
Ireland (1973)
Greece (1981)
Portugal (1986)
Spain (1986)
Austria (1995)
Finland (1995)
Malta (2004)
Poland (2004)
Slovakia (2004)
Slovenia (2004)
Bulgaria (2007)
Romania (2007)
Croatia (2013)
Iceland
Norway
Switzerland
Serbia
Montenegro
Bosnia-Herzegovina
Macedonia
Albania

Andorra
Belarus
Moldova
Monaco
San Marino
Liechtenstein
Vatican City
Russia
Ukraine
European Countries Not in the EU
The Euro


One of the largest currency zones in the world!
Is the country you researched on this list?
A Difference- the EU :
Before we learn what has been happening with the E.U. recently, first you need to be able to understand the words:
Budget Deficit

What is it?
In simple terms, a budget deficit is the difference between what a national government brings in and what it spends. ( So like how much it owes)

One risk of having a large deficit (for example, 10% or more of GDP) is that financial markets ( other countries) lose faith in the country’s ability to repay its debts, causing its credit rating to slip. When this happens, the cost of servicing the debt increases and the risk of default becomes even higher.


If, for instance, on a Wednesday you had a friend that told you they were getting their allowance on Friday and really needed to borrow $8.00 but would pay you back would you loan it?
What if you loaned it only to discover that they only got $5.00 allowance on Friday.
Then how would you feel if you discovered
the next day after loaning the money, that they had already borrowed $3.00 from another friend. Who will get their money back on Friday? Will you let them borrow again?

PROS:
1.There is free trade between the countries.
2.Common currency.-Euro
3.European citizenship allows for free movement between countries. This opens up more job opportunities
4.More resources
5.Members work together to support each other
6.No official languages

CONS:
1.There’s no common language
between the countries, therefore communication is to all citizens at once is difficult.
2.The
extra EU government can remove some of the power
and responsibility of the individual countries.
3.It is hard to join.
4.The border of Europe is
undefined.
5.The wealthier countries like Germany
have to share
their wealth with other countries.
6.All members are bound by the same rules.
7.
It is hard to withdraw
from the EU once you have joined.
8.The EU
can kick out leader
of government if they want to.
For instance, in Greece they removed the democratically elected leader and appointed someone else.
Learning Target: I can identify positive and negative things about cultural diffusion and give examples of these.
I can identify and describe factors that cause cultures to change such as economic development.

Pros and Cons of Joining the European Union
EXIT: Change the Cons into pros.
For example: Create a common language or vote to use a currently used language.

After you have completed this visit the following site:
http://europa.eu/kids-corner/index_en.htm
IF your teacher is nice, maybe they will link it in Google Classroom. : )

When the Second War ended,
Europe's leaders decided to work
together to resolve their problems.
They wanted to put an end to fighting
and create ways to support each other.
One way to do this, the leaders thought,
was to control the coal and steel each
country would receive.
Why?
The leaders hoped that countries which depended on each other would have no reason to fight because the economy would be stronger and stop wars.

Has this happened?

So how is the EU
similar to the US?
What if you knew they got $5.00 and they only
asked for five,
would you loan it?
Can you name the three things?
Why would countries do that?
So does that mean that we are?
By doing this no single nation could build weapons without others knowing.
The EU countries help protect each other financially. Follow this scenario, and determine what might be good and bad about it.
NOT ALL COUNTRIES IN THE EU
USE THE EURO.
Breaking news...


Rumor has it....
Full transcript