R2920thand21st

In 1957, the European Economic Community or also called the Common Market, was formed when six countries signed the Treaty of Rome. The goals of the Common Market were to reduce the tariffs between the member countries, improve economic relations, and spread capitalism. The creation of this union sparked the long lasting competition between Western Europe and the Soviet Union. Since the Common Market rejected membership to any Soviet country, the U.S.S.R. formed their own economic alliance using the Warsaw Pact. The Council for Mutual Economic Assistance, COMECON, was also an economic organization of communist states that was militarily equivalent to the Warsaw Pact even though the COMECON's membership was wider. These two unions competed against one other and opposed each others economic plans. Therefore, the theme of the growth of competition and interdependence in national and world markets is present in the foundation of the Common Market. It is clearly visible that the division of separate economic alliances caused cut-throat competition between the democratic west and the communist Soviets.
 * 1) 29 __The Common Market__ (1957)

MLA:

Buckler, John, Bennett D. Hill, and John P. Mckay. __A History of Western Society__. Alexandria, VA: Not Avail, 2003.