European Economies Before and After and Uniting the Economy Aim: Describe the economic forces that unite the EU and the difference between European Economies.

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Presentation transcript:

European Economies Before and After and Uniting the Economy Aim: Describe the economic forces that unite the EU and the difference between European Economies before and after the EU.

Do Now: Using the climate map on page 572 describe what your think life would be like in the western European countries compared to the eastern European countries. Aim: Describe the economic forces that unite the EU and the difference between European Economies before and after the EU.

The Economy Before the EU * Each country had their own currency Individual countries handled their own imports and exports Goods and people could not travel freely between countries.

Turn and Talk If you were there... You are a citizen of Sweden you have been offered a job in Italy as a buyer for Louis Vuitton. When you submit your application for a working visa Italy denies your application because you are from Sweden and they have reached their Swedish quota for the year. How would you feel if you could not accept the position and what would you do?

Economic Centripetal Forces

Common Market the ability to buy, sell and move goods across the borders freely

Turn and Talk How can a common market become helpful to citizens of European countries ? Accountable Talk I agree with ____ because... I disagree with ___ because... I think... I believe... What is your evidence?

Common Currency The common currency in the European Union is the EURO

Turn and Talk Does having a common currency help or hurt the economies of the countries in the EU? - Provide three examples to support your answer. Accountable Talk I agree with ____ because... I disagree with ___ because... I think... I believe... because... What is your evidence?

Trade Bloc A group of countries work together to increase their influence in the trade market

Turn and Talk How can increasing your influence in the trade market be helpful or hurtful? Why would other countries want to trade with the EU trade bloc? Accountable Talk I agree with ____ because... I disagree with ___ because... I think... I believe... because... What is your evidence?

Goals of the EU creation of jobs develop resources make improvements to trade

Writing Assignment (Should be completed in silence) Do you agree or disagree with the creation of common market, common currency trade bloc and the goals of the EU? Give an example of each supporting your statements. -7 minutes

HOMEWORK In your notebook list your assigned countries: imports exports Currency Description of their flag