An Organisation of Nations Formed to Promote the Free Movement

question 176

True/False

An organisation of nations formed to promote the free movement of resources and products among its members and to create common economic policies is called an economic community.

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Definitions:

Momentum

The force or speed of movement; in a figurative sense, it represents the progression or sustained movement forward of an initiative or trend.

Organization

The arrangement or coordination of activities and resources to achieve specific objectives.

Need for Affiliation

A psychological and social phenomenon where individuals seek emotional support, validation, or companionship from others; often seen as a fundamental human motive.

Employees

Individuals who are hired by someone for wages or salary, often to perform specific duties within an organization.