The development of European economy after the war: because of the large amount of American economic aid; Western European countries give full play to the advantages of high-quality labor; By adopting the latest scientific and technological achievements, the industrial production in European countries reached or exceeded the pre-war level in the 1950s. From 1950s to 1970s, the economy of Western Europe continued to prosper.

Predecessor: European Community: In the 1960s, France, the Federal Republic of Germany and other six countries formed the "European Community" organization. Significance: It has promoted the economic development of member countries and enhanced the international status and role of the European Community.

Compilation: 1993, EU was established. By 2007, there were 27 member countries.

Impact: After the establishment of the European Union, resource sharing and complementary advantages among EU member States are beneficial to economic development. The EU has become the largest economy in the world.

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