Photo AI
Question 1
How was Ireland affected by the First Programme for Economic Expansion, 1958-1963, and/or EEC membership?
Step 1
Answer
The First Programme for Economic Expansion was introduced to stimulate the Irish economy after years of stagnation. It aimed to attract foreign investment, expand exports, and create jobs. Key features included modernization of the agricultural sector and the promotion of manufacturing industries. This resulted in a period of economic growth, reducing unemployment rates and increasing GDP.
The programme also laid the groundwork for greater economic integration and reduced dependence on traditional sectors, helping Ireland adapt to changing global economic conditions.
Step 2
Answer
Ireland's application and subsequent membership in the European Economic Community (EEC) in 1973 marked a significant turning point. EEC membership provided access to a larger market, which benefited Irish exports significantly. The influx of European funds helped improve infrastructure and boost agriculture through CAP (Common Agricultural Policy). Furthermore, EEC membership fostered more robust economic policies and encouraged diversifying the economy beyond agriculture.
Report Improved Results
Recommend to friends
Students Supported
Questions answered