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A new poll suggests that 88% of Irish people think Ireland should remain in the European Union - Junior Cycle Business Studies - Question 18 - 2019
Question 18
A new poll suggests that 88% of Irish people think Ireland should remain in the European Union. Explain one economic benefit and one social benefit of Ireland’s mem... show full transcript
Worked Solution & Example Answer:A new poll suggests that 88% of Irish people think Ireland should remain in the European Union - Junior Cycle Business Studies - Question 18 - 2019
Step 1
Economic benefit:
Answer
Ireland is now part of the Single European Market, which allows for the free movement of people, goods, and services within the EU. This membership enables Irish businesses to access a larger market, leading to increased trade and economic growth. The ease of doing business across borders can boost investment in Ireland, create jobs, and enhance the overall economic stability of the country.
Step 2
Social benefit:
Answer
EU policy has improved the rights of workers by enhancing health and safety standards in the workplace. Additionally, the EU has established minimum wage levels, which help improve the standard of living for workers. These policies promote fair working conditions and support a better quality of life for individuals across member states.