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Posted inGovernment & Politics History Studies

History of Socialism | Meaning, Origin, Historic Context

Socialism is a philosophical current of economic, social and political thought, as well as a diverse set of political theories, movements and socio-economic systems that have been inspired by such thought. All of them have in common the defense of the public, collective or cooperative property of the means of production of the society, instead of their property in private hands. In addition, it proposes the planning and organization of social and economic life from the forces that make up the State.
Euro Zone (Euro Area) Definition, Features, Countries
Posted inEconomics Finance

Euro Zone (Euro Area) Definition, Features, Countries

The euro area is a monetary union. In order to have a monetary union, there must be a situation in which at least two countries share the same official currency. In the euro area, this requirement is met. In other words, more than two countries have the euro as their official currency. Specifically, there are 19 states.