The European Union

While the European continent has remained stable since the Second World War,
it has failed to see a huge amount of continent-wide growth since then.
However, the world has seen European nations increase their influence in
the world economy. This trend will continue for the next decade into the
next millenium and increase the quality of life for the majority of
European nations.

The formation of the European Union (EU) has proved to be one of several
factors that will increase the strength of Europe. The economic alliance
recently showed its influence on the American economy by hinting at a
threat to impose taxes on the recent acquisition of McDonnell-Douglas by
Boeing. Even a threat by ...

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of living. As companies are financially able to place
environmental protections in their operations, the quality of the air, land
and water will increase due to better treatment these valuable resources.
An increase in these resources will result in better products and an
increase in the quantity of products, thus, resulting in a better quality
of life again. As in any economy, growth increases the standard of living.
A higher standard of living results in a more comfortable life for European

The recent predictions of a crash in the stock market could have disastrous
effects on the European economy. If there were to be even a slight dip in
the stock exchange could cause the economy to slow and not see such a huge
increase in the quality of life. Also, a quite possible conflict in the
Middle East could draw European powers into a very costly conflict,
temporarily bringing down the growth in their economy.

A strengthened European economy may hurt other economies ...

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The European Union. (2008, August 26). Retrieved December 1, 2020, from
"The European Union.", 26 Aug. 2008. Web. 1 Dec. 2020. <>
"The European Union." August 26, 2008. Accessed December 1, 2020.
"The European Union." August 26, 2008. Accessed December 1, 2020.
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Added: 8/26/2008 10:20:37 PM
Category: Economics
Type: Free Paper
Words: 420
Pages: 2

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