What is the Organisation for Economic Co-operation and Development (OECD)?
Q: What is the Organisation for Economic Co-operation and Development (OECD)?
A: The OECD is an international organisation of countries with a democratic system of government and a free economy.
Q: When was the OECD founded?
A: The OECD was founded in 1948 as the Organisation for European Economic Co-operation (OEEC).
Q: What was the purpose of OEEC?
A: The purpose of OEEC was to help European countries rebuild their industry and other things destroyed in the Second World War.
Q: When did OEEC change its name to become OECD?
A: OEEC changed its name to become OECD in 1960.
Q: Where are the headquarters of the OECD located?
A: The headquarters of the OECD are located at Château de la Muette in Paris.
Q: How many countries are members of the OECD?
A: There are currently 37 member countries that make up the Organisation for Economic Co-operation and Development (OECD).
Q: What does it mean when a country has a free economy?
A: A country has a free economy when its government does not control or interfere with economic activities carried out by citizens or companies.