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The European Union

Table of Contents

Introduction3

Aims of Study4

Research Question4

Literature Review5

State of the Union5

European Union Economic and Political System9

European Union and its Members state11

Consumer in Europe14

Conclusion16

The European Union

Introduction

In year 1950, foreign minister of from France Robot Schuman had proposed by making integration steel and coal industries form the western Europe countries, this was leading the Treaty of Paris and creating the European Coal and Steel Community with six members were including France, West Germany, Italy, Belgium, Netherlands and Luxembourg. These members are referred as the founding members of the European Union. European Union is today's world has determined to be a direct result from the determination of the European politician and makes the prevention of the future violent after the confliction occurs the World War II. The aim of the origin for these countries are prefer to make tied these counties well together and forcing their industrial and economic cooperation, since there establishment. These European Union countries and distribution of the responsibilities occurs some new challenges for many other countries that joined them in later years (Bergsten, 2012, p.16.

The European Union has the aim for unification of 27th member's united members for creating the economic and political community throughout the whole Europe. Fromm that particular idea European Union might create the simple idea from the outset, the history of EU is unique and rich organization from which not the current and the ability for fulfilling ht emission of 21st century linked together.

During the cold war for making the protest and division between the western and eastern Europe is showed that there is the need of further unification, in order to overcome the above issue the treaty of Rome in 1957 was signed that creating the economic community and allows there people and their countries specialists product moved throughout the whole Europe.

Aims of Study

This research has the aim to focus of the development of European Union and its contribution towards economically and politically system from its member nation all around the globe. This paper also explain the unified political and economic system by the gradual process if EU in term of legislation. For explaining the European economy system, this paper illustrate the economical statistics that petrifying the inflation and deflation towards the overall Gross Domestic Product of European union and productivity contribution for the main consumers of EU that uses by the member of members nations use. At the end of this paper, this paper compare the European market economy with Chances and American market and define that how European Union will leads these economies in the future.

Research Question

Q1- What are the motivation and Legislation for European Union Economical development in term of Economic and political system?

Q2- how each member of EU will contribute productivity to the nation as whole?

Q3- How each nation of the European Union will emphasize on global economic trade?

Q4- How European Union economic market will differ from the Chinese and American economic market?

Literature Review

With having so many different nations making their participation, the European Union ...