The European Union is a geo-political entity covering a large portion of the European continent. It is founded upon numerous treaties and has undergone expansions that have taken it from 6 member states to 27, a majority of states in Europe.
Members
Yellow- Member Blue- Applied for membership Grey- Not a member
Objectives
the promotion of peace and the well-being of the Union´s citizens
an area of freedom, security and justice without internal frontiers
sustainable development based on balanced economic growth and social justice
a social market economy - highly competitive and aiming at full employment and social progress
a free single market
Structure
Membership Advantages/ Disadvantages
Advantages- same currency, war prevention, increased trade, low inflation, help lesser developed countries gain wealth.
Disadvantages- instability, loss of sovereignty, lower countries, such as Greece bring economy down.
Effect on Local Diversity
The use of the Euro as currency for the members of this Union has had a great effect on local diversity. rather than use currency that dates back many years, countries are forced to use the Euro, which simplifies things, but also takes out the traits that make a country diverse.
History
The European Union is a geo-political entity covering a large portion of the European continent. It is founded upon numerous treaties and has undergone expansions that have taken it from 6 member states to 27, a majority of states in Europe.
Members
Yellow- MemberBlue- Applied for membership
Grey- Not a member
Objectives
the promotion of peace and the well-being of the Union´s citizens
an area of freedom, security and justice without internal frontiers
sustainable development based on balanced economic growth and social justice
a social market economy - highly competitive and aiming at full employment and social progress
a free single market
Structure
Membership Advantages/ Disadvantages
Advantages- same currency, war prevention, increased trade, low inflation, help lesser developed countries gain wealth.
Disadvantages- instability, loss of sovereignty, lower countries, such as Greece bring economy down.
Effect on Local Diversity
The use of the Euro as currency for the members of this Union has had a great effect on local diversity. rather than use currency that dates back many years, countries are forced to use the Euro, which simplifies things, but also takes out the traits that make a country diverse.