The European Union Simplified Revision Notes for Leaving Cert Business

Revision notes with simplified explanations to understand The European Union quickly and effectively.

Learn about Ireland and the European Union for your Leaving Cert Business Exam. This Revision Note includes a summary of Ireland and the European Union for easy recall in your Business exam

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The European Union

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The European Union (EU) is a political and economic union of 27 member countries located primarily in Europe. It was established with the aim of fostering economic cooperation, with the idea that countries that trade together are more likely to avoid conflict. The EU has since evolved into an integrated single market, allowing for the free movement of goods, services, people, and capital.

Purpose of the EU

The EU was established following the world wars to promote peace and co-operation between European countries. The idea was that countries which are connected and trade with each other would have no reason to go to war with each other. Some of its aims include:

Promoting peace and well-being
Creating a strong European economy
Upholding human rights across Europe
Promoting cultural exchange

Ireland joined the EU in 1972. Since then, Ireland's economy has benefitted significantly due to the benefits of EU membership.

*Flags of EU member states *

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