Terms
What is a tax on imported goods?
TARIFF
How many countries are currently in the EU?
27
What is Article 50?
The terms in the EU laws that allow for a country to leave the EU
What was the Cold War?
It was a 50 year long tension between Capitalist USA and Communist USSR that was a battle of Ideologies. It never went "hot" (live military combat) and stayed "cold" (tense military arguments, spying, and proxy wars)
What is the term for a series of Communist controlled countries in Europe?
Iron Curtain
What is the Euro?
Shared currency between some of the European Countries
What was the reason the EU was formed in the first place?
To prevent another war in Europe
What is Brexit?
It stands for "british" "exit" and represents the UK leaving the EU
What was the name for the competition between the USSR and USA over who could build the most nuclear bombs?
Arms race
Which economic/political system promotes competition between companies, owning private property, and gaining wealth?
capitalism
What is an MEP?
Member of European Parliament
What are 2 tasks that the EU accomplishes?
-Works on climate change
-attempts to regulate refugees
-Bans tariffs on trade between EU countries
-helps support weaker nations
-establishes peace in Europe
Who was the main leader of the stay campaign?
Prime Minister David Cameron
The belief that communism is like a fire and would spread to any neighboring countries
What economic/political system leads to the leadership seizing all power and oppressing the poor, shutting down freedom of speech and press?
Communism
What was the BERLIN AIRLIFT?
When planes dropped off supplies to the Communist blockaded western side of Berlin
What is the term for a grouping of European Nations for a shared economy and safety?
European Union
Who was the main leader of the Leave Campaign?
Boris Johnson
What was the American Promise that said we would support any nation fighting against communism?
Truman Doctrine
What was the name for the plan to provide financial aid to the destroyed countries of Europe after WW2?
Marshall Plan
What was the "Red Scare"?
The fear around America that Communism would take over everything they knew
Which country in the European Union is currently struggling with economics?
Greece
What are 2 reasons why the UK wanted to leave the EU?
-High membership fees
-oppressive laws from the EU
-the UK was not getting a whole lot in return for all the help they gave the EU
-they were losing money on trade deals with the EU
-They wanted to establish more freedom and democracy for themselves
What does M.A.D. stand for and what does it mean?
Mutually assured destruction- If nuclear war starts, those nations would completely destroy each other and most certainly humanity
Why was the US so opposed to the USSR and communism?
Communism prevents almost all freedoms and leads people through a dictatorship