What is Brexit?
British, Irish, and Commonwealth citizens will vote next month on the question “Should the United Kingdom remain a member of the European Union or leave the European Union?” Brexit is merely the shorthand abbreviation for “British exit,” which refers to the UK leaving the European Union.
What is the European Union?
After two World Wars devastated the continent, Europe realized that increasing ties between nations through trade might increase stability and lead to peace.
In 1958, this led to the creation of the European Economic Community (EEC), an arrangement that increased economic cooperation between six countries: Belgium, Germany, France, Italy, Luxembourg and the Netherlands.
Over the next few decades, more countries joined (there are now 28 member state) and it morphed into a federalist-style economic-political union. The UK joined in 1973, and in 1993, the name was changed to the European Union.
The EU institutions are: the European Council, the Council of the European Union, the European Parliament, the European Commission, the Court of Justice of the European Union, the European Central Bank, and the European Court of Auditors.
Why is there a push for the UK to leave?