Vocab
system of money
currency
an organization governing economic and political cooperation in Europe
European Union
What did the Dutch value in Amsterdam after the war?
Quality of life
people who disagreed with the government
dissidents
a government document that provides travelers proof of citizenship
passport
the EU started as an organization that together a plan to make trade easier among members. What was that called?
Common Market
Why was the netherlands able to rebuild so successfully after WWII?
the United states provided money to help
Why did Czechoslovakia split into two countries?
Both regions wanted different economies and political systems
A certain level of pay guaranteed to workers for each hour of work
minimum wage
a kind of market with no trade barriers of any kind, like the US
Single Market
US program that loaned and gave money to Western European countries to buy machinery and build factories
Marshall Plan
the upheaval of the communists government that led to the freedom of Czechoslovakia
Velvet revolution
farms and factories are privately owned, and the owner decides what to produce and what prices to charge
planned economy
Name one thing people were scared of with the EU
Protection at the borders
losing their culture
losing finical support from the government
Name one thing the government passed in the Netherlands to improve their way of life
public housing
minimum wage
education
health care
Velvet divorce
fees charged on products brought into or out of a country
Tariff
Name one positive thing that came from the EU
trading between countries
passports for easier travel
the end of border control
Why did the government want to moderize Amsterdam
they wanted to improve the city with better roads, shopping malls, and new housing
how have other countries like Great Britain helped the Czech and Slovak republics face their economic challenges
they have made factories, stores, and gas stations in the republics which helps bring in money and jobs to people