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Question Exam Question
Examine the impacts of any two European Union policies on the Irish economy
Step 1
Answer
Common Agricultural Policy (CAP): This policy aims to provide financial support to farmers in the EU, promoting sustainable agriculture and ensuring a fair standard of living for those working in the sector.
Regional Development Fund (ERDF): This fund aims to reduce disparities between EU regions by providing financial assistance for infrastructure projects, promoting job creation and economic development.
Step 2
Answer
The CAP has significantly impacted the Irish economy in several ways:
Increased Agricultural Output: The substantial financial support and subsidies provided to Irish farmers have led to an increase in agricultural productivity. Farmers are incentivized to adopt modern practices and improve their yields, contributing to a stronger agricultural sector.
Rural Development: CAP funding has also supported rural development projects, enhancing local infrastructure and services. This has led to improved quality of life in rural areas, helping to retain populations and attract new businesses.
Step 3
Answer
The ERDF has played a crucial role in the Irish economy through:
Infrastructure Development: Funding from the ERDF has allowed for the construction and improvement of transport and communication systems across Ireland. This enhances connectivity, making it easier for businesses to operate and citizens to access services.
Job Creation: By financing projects that aim to boost regional economic development, the ERDF has contributed to job creation in various sectors, thereby reducing unemployment rates, especially in disadvantaged areas.
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