The EU

The EU began as a collection of organisations formed in the 1950's; the European Coal and Steel Community (1951), the European Atomic Energy Community and the European Economic Community (1957), and the European Free Trade Association (1960). The UK chose to join the European Union, but were not fully involved in the project as they conserved their currency and refused to adopt certain laws. Furthermore, the EU was created to encourage interconnection between countries to portray a united front after WW2. This referred to the continuous interactions between countries whether it concerns the sharing of cultures or the facility to trade. This marked a new period, called globaolisation, which increased the production and distribution of goods and services in the world, and resulted in a greater dependence on the global economy. As does everything, globalization has advantages, such as increasing the liberal movement, favorising liberty, creating cross border travel and trade with the Schenghen agreement and reducing the likelihood of another war and expanding the worldwide exchanges, but also has disadvantages. Indeed, there are a few negative economic and political factors that mainly originate from immigration and terrorism. Indeed, leaders of countries tried to slow it down by reinforcing their borders for security reasons which included the reduction of terrorrism and the fear of being too dependent on other countries. Overall, global disruptions caused countries to close down their barriers, which resulted in it being more difficult for travel and trade. This did not only have consequences on the economy but also created inequality and injustice regarding jobs, housing and education for the immigrants who have small jobs which are vital to the economy. With all of these factors, some people, especially the UK started to feel as though they were trapped in a non-beneficial agreement, the EU. This led to countries leaving the EU, an example of this being Brexit, subsequently resulting in deglobalisation.

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