What Was the Name of the 1992 Treaty That Transformed

question 1

Multiple Choice

What was the name of the 1992 treaty that transformed the European Community into the European Union?

• A)the Treaty of Schengen
• B)the Treaty of Brussels
• C)the Treaty of Westphalia
• D)the Treaty of Maastricht
• E)the Treaty of Ghent

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of starting and running new businesses.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured by GDP.

Economic Development

The approach a nation takes to boost the economic, political, and social welfare of its inhabitants.

Social Overhead Capital

Investment in basic infrastructure facilities such as roads, bridges, and utilities that are necessary for economic development.