What is the Treaty of Versailles about? | France post punitive sanction upon Germany after the WW1. |
What were 3 important aspects of the Treaty of Versailles? | Germany lost its territory, colonies and had to pay financial restorations. |
What were 2 important priorities after WWII? | Economic reconstruction was needed if Europe was to recover and this must include Germany and Europe faced the treats of being on the battlefield between the US and Soviet Union. |
What is the Bretton Woods System? | The arrangement of a new sustainable international commercial and financial system based on the gold standard. |
What is the Marshall Plan? | A program under which the US offered financial assistance to post-war recovery in Europe. |
What is the North Atlantic Treaty Organization (NATO)? | A defensive alliance created in 1949 among the US and most western European states designed to sent a warning to the Soviet Union. |
What is the European Community of Steel and Coal (ECSC)? | The first organization set up to encourage regional integration in Europe with qualities that were both supranational and intergovernmental. |
What were some early post war European initiatives that failed? | European defence and political community. |
Why was the Schuman Declaration of 9th of May 1950 revolutionary? | It was the birth certificate of the community of Europe and to give away sovereignty to a supranational authority to help build a new European space. |
In 1956, there was a turning point in European Integration. Explain what happened. | Two events happened which were the Suez crisis and the Hungarian uprising and Soviet invasion. |
What is the Suez Crisis of 1956 about? | It was an attempt made by Britain, France and Israel to reverse Egypt's nationalization of the Suez Canal. |
What is the European Economic Community (EEC)? | An international organization created in 1957 with the goal of establishing a single market among its member states and economic integration. |
What are the 3 Goals of the EEC? | To achieve the single market, eliminations of customs duties between member states and the establishment of common policies on agriculture, trade, transport and competition. |
What is the European Atom Energy Community (Euratom)? | An international organization created in 1957 to coordinate research on the peaceful use of nuclear energy. |
What is the Cold War? | A war of words, ideas, and ideologies between the US and Soviet Union. |