The idea of a single united Europe might never have risen if it had not been for the devastation left by World War II. After the war, economic unity became a very appealing concept. The Western European countries were no longer a great power; France and England lost most of their African and Asian Colonies and Germany was divided in two. As this was all taking place, the United States and Soviet Union quickly emerged …showed first 75 words of 2939 total…

…showed last 75 words of 2939 total…and as competition increased, so did the availability and variety of goods and services. Consequently the price level of goods and services decreased as well which increased demand for goods and services. As that took place, the producers began to increase their work force as well, thus reducing the number of unemployment. Therefore if it had not been for the Single Europe Act, then many European countries could have been known as third world countries.