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European Union: Influence of the European Government on the UK business climate BTEC Business Unit 1 P4. Learning objectives. Outline the role of government in creating the business climate ( p4 ) Be able to describe the role of the European government in creating the business climate
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European Union:Influence of the European Government on the UK business climateBTEC Business Unit 1 P4
Learning objectives • Outline the role of government in creating the business climate (p4) • Be able to describe the role of the European government in creating the business climate • Success criteria: Create full bank of notes to write up as a report.
First Task • Google challenge – use the worksheet find the terms – you have 10 mins!!! • Timer: http://www.online-stopwatch.com/rocket-timer/full-screen/
The answers! • Letters of the EU – European Union • EU started in 1991 • 27 Countries are in the EU • Yes the UK is in the EU • 3 Others from: (next slide) • Single currency is the Euro • Benefit is not changing money up - so smooth business transactions, encourages trade between countries http://www.bbc.co.uk/learningzone/clips/the-euro/8575.html (video on benefits of the Euro)
Austria • Belgium • Bulgaria • Cyprus • Czech Republic • Denmark • Estonia • Finland • France • Germany • Greece • Hungary • Ireland • Italy • Latvia • Lithuania • Luxembourg • Malta • Netherlands • Poland • Portugal • Romania • Slovakia • Slovenia • Spain • Sweden • United Kingdom
Second Task • Make notes on your worksheet to help you write up your report:
What is the single market? • Access to 500 million customers over 27 countries (rather than just the 60 million in the UK) • Free movement of good between borders of 27 countries – no payments to import or export makes trade very attractive • Free movement of workers between countries – helps govt objective of full employment • Grants for poorer countries to help them trade
What was the Maastricht Treaty of 1992? • Started the EU • Created the Euro • Written to protect the rights of all employees in all 27 countries • Social Charter • Minimum wage • EU citizens can work in any EU country • Max 48 hour working week
Advantages and disadvantages of being part of the EU Advantages Disadvantages European Parliament brought in lots of tough laws: EU food labelling not allowed to say 8 rashers or a dozen eggs must sell through weight! Jam only jam if it has sugar in it Can’t sell straight bananas Threatens to call UK Chocolate “Vegelate” • Social Charter protects the rights of employees • Access to large single market http://news.bbc.co.uk/1/hi/world/europe/764305.stm http://www.dailymail.co.uk/news/article-1289882/EU-ban-selling-eggs-dozen-Shopkeepers-fury-told-food-weighed-sold-kilo.html
Report • Write up all your notes • Use lots of images • Title is: Influence of European Government in creating the business climate