What Are The Advantages Of Joining The Soviet Union

World War II left Europe devastated. Human losses were severe with almost 60 million deaths. The economies of European countries were ruined; industrial and agricultural infrastructures were destroyed, bombing raids ruined towns and cities, means of communication had been damaged and there were shortages of food. The economies needed the help of countries such as the US to help begin the rebuilding of Europe. This has developed in to 28 member states and the maintenance of peace.
Post-war II Europe was the start of the emergence of a “New World Order” created by the decline of old powers and the rise of two superpowers: The Soviet Union (USSR) and the USA. They became competitors on a global stage engaging in what became known as the Cold War from 1947 - 1991; focused on espionage, political subversion and proxy wars. Institutional architecture began to emerge at an

In March 2000, EU leaders adopt the ‘Lisbon strategy’ designed to enable the EU to compete on the global market with other major players such as the US and newly industrialised countries. The aim was to encourage modernisation and business investment, and ensure that Europe’s education systems meet the needs of the information society. Each member state would not be able to compete globally alone and therefore pooling their resources together benefits them as well as global countries, which is a huge advantage of joining the EU.
The EU was also working on the monetary project, a single currency making it easier for businesses, consumers and travellers. On 1 January 2002, the euro replaced 12 currencies, which made up the ‘euro area’. This is now a major world currency alongside the US dollar and is a key advantage for countries. The Euro made it easier to work within the Common Market with no exchange rates. It was also valued higher than some currencies, which therefore increased their monetary value. This created a sense of unity among member