Formation of the European Economic Community

Introduction
The European Economic Community (EEC) was established in 1958 by a group of six European countries.

The Six Founding Members of the EEC
The six founding members of the EEC were:
- Belgium
- France
- Germany
- Italy
- Luxembourg
- Netherlands

Reasons for Formation of the EEC
The main reasons for forming the EEC were to:
- Promote economic cooperation and integration between European countries
- Increase trade and investment among member states
- Create a common market with the free movement of goods, services, capital, and people
- Boost economic growth and job creation
- Strengthen political ties and promote peace and stability in Europe

Impact of the EEC
The EEC had a significant impact on Europe and the world. It led to:
- Increased economic growth and prosperity among member states
- The creation of a single market with tariff-free trade and the removal of non-tariff barriers
- The establishment of common policies in areas such as agriculture, transport, and energy
- The expansion of the EEC to include more member states over time
- The formation of the European Union (EU) in 1993, which built on the foundations of the EEC and added new areas of cooperation such as foreign policy and justice and home affairs.

Conclusion
In conclusion, the European Economic Community was formed in 1958 by six European countries to promote economic cooperation and integration. It had a significant impact on Europe and the world and laid the foundations for the European Union.