key term - Treaty of Rome

Definition

The Treaty of Rome, signed in 1957, established the European Economic Community (EEC) and laid the groundwork for the eventual creation of the European Union. It aimed to foster economic integration among its six founding members, promoting trade and cooperation in a post-war context, which was crucial for rebuilding and stabilizing Europe after World War II.

5 Must Know Facts For Your Next Test

1. The Treaty of Rome was signed on March 25, 1957, by Belgium, France, Germany, Italy, Luxembourg, and the Netherlands.
2. The EEC established a common market that aimed to eliminate tariffs and foster free trade among member states.
3. The Treaty also aimed to coordinate economic policies and promote social progress among its members.
4. It marked a significant step towards European integration, laying the groundwork for future treaties and the eventual formation of the European Union.
5. The Treaty of Rome has been amended multiple times since its inception, adapting to changes in the political landscape and expanding the membership of the EEC.

Review Questions

• How did the Treaty of Rome contribute to the rebuilding of Europe after World War II?
  • The Treaty of Rome played a key role in rebuilding Europe by fostering economic cooperation among its six founding members. By establishing the European Economic Community, it aimed to create a common market that eliminated trade barriers, thus boosting economic growth and stability in a war-torn continent. This integration was vital for ensuring peace and preventing future conflicts in Europe by encouraging interdependence among nations.
• In what ways did the Treaty of Rome influence the emergence of superpowers during the Cold War?
  • The Treaty of Rome influenced the emergence of superpowers during the Cold War by promoting economic unity among Western European countries as a counterbalance to the Soviet Union's influence in Eastern Europe. By creating a strong economic bloc through the EEC, Western Europe strengthened its position on the global stage. The treaty encouraged member states to collaborate economically and politically, creating an environment that fostered stability amidst global tensions.
• Evaluate the long-term impacts of the Treaty of Rome on postwar economic developments and technological advancements in Europe.
  • The long-term impacts of the Treaty of Rome on postwar economic developments were profound, as it laid the foundation for a more integrated European economy. By promoting free trade and cooperation among member states, it facilitated investment and innovation, leading to significant technological advancements across Europe. The establishment of a common market encouraged competition and collaboration among businesses, ultimately enhancing productivity and driving economic growth that shaped Europe’s trajectory well into the 21st century.

Related terms

European Economic Community (EEC):

An organization established by the Treaty of Rome to promote economic integration among its member states through a common market and customs union.

Common Market:

An agreement between countries that allows free movement of goods, services, capital, and labor among member states, enhancing economic cooperation.

European Union (EU):

A political and economic union of European countries that evolved from the EEC, further integrating member states in various aspects including politics, law, and social policies.