Social Sciences, asked by ramnaidu595, 11 months ago

Why did Europe become dependent upon other countries for trade

Answers

Answered by aruthra0
0

Answer:

As we have found out recently with the news of nuclear tests performed in Pakistan and India, the threat of nuclear war in the world is still very real. In this day when countries often use the threat of nuclear war to protect their interests, other countries’ aspirations to acquire nuclear technology have soared. The temptation to develop, test, and manufacture nuclear arms comes from the fears and suspicions states have of their neighbors.1 As a result, countries that currently do not have nuclear capabilities are attempting to ally themselves with countries that do in hopes of someday acquiring these capabilities, thus protecting themselves from possible military advances from their neighbors. It is conceivable that, in the future, any country that can financially support a nuclear program will have one. In light of this possible reality, relations between countries with nuclear capabilities have become issues of extreme importance.

A country’s well being cannot always be secured through internal dealings. Economically this is statement is most definitely true, because if countries could not interact with each other through trade, all countries would seriously lack major foodstuffs and industrial goods. As a result, trade and other financial dealings between countries serve to improve the well being of each country’s people, economy, and government. These necessary and valuable economic dealings between countries form bonds between them that often lead to other relations, and the more economically dependent countries are on each other, the less likely they are to go to war. With this in mind, the economic benefits of the formation of the European common market (the market) have had a worldwide impact on the possibility of nuclear war in the future. In fact, the formation of the market has greatly reduced the risk of nuclear war in the future because it promotes economic prosperity in Europe.

The European Community (EC) was established in 1952, shortly after Word War II in order to secure Europe from the possibility of another world war. At the time, the EU consisted only of Belgium, France, the Federal Republic of Germany, Italy, Luxembourg, and the Netherlands. In going about preventing future war in Europe, the EC went on to set up the European Economic Committee (EEC), which provided for the formation of a common European market, and the European Atomic Energy Commission (Euratom) in 1958.

In 1973, the EC grew stronger as the United Kingdom, Ireland

Answered by DodieZollner
0

Europeans were dependent upon trade for several reasons as given below:  

Explanation:

  • European nations depended on trade to require goods which they could not produce.
  • Trade became necessary because it provides the raw material for industries.
  • In some Europan countries, it provided foods and industrial goods. It also helps in strengthening the country's economy.
  • It brings stability in markest related to goods and prices.

Learn More:

Why did europe become dependent upon other countries for trade

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