WORLD HISTORY

Detailed explanation-1: -establish an internal market. achieve sustainable development based on balanced economic growth and price stability and a highly competitive market economy with full employment and social progress.

Detailed explanation-2: -EU context The European Commission’s Investment Plan for Europe adopted in November 2014 focuses on creating jobs and boosting growth by making smarter use of financial resources, removing obstacles to investment and providing visibility and technical assistance to investment projects.

Detailed explanation-3: -The original members were Belgium, Italy, Germany, Luxembourg, France, and the Netherlands. During its early years, the main goal of the European Union was to end the frequent and bloody wars pitting neighbors against each other.

Detailed explanation-4: -The European Union was created as a result of post-war cooperation in Europe to ensure peace, prosperity, and stability on the continent. World War II left Europe with millions of civilian casualties, a devastated economy, and weak security.

Detailed explanation-5: -The EU has delivered over half a century of peace, stability and prosperity. It also plays an important role in diplomacy and works to promote these same benefits – as well as democracy, fundamental freedoms and the rule of law – across the globe.