ELI5: Explain Like I'm 5

European Single Market

The European Single Market is like a giant shopping mall that people from all over Europe can use. In this shopping mall, people from different countries can buy and sell things to each other without having to pay extra taxes. This makes it easier and cheaper for people to buy things they need. There are also lots of rules that the governments of the European countries have agreed to follow when it comes to how businesses are run, making it easier for businesses to operate in the European Single Market. This helps create more jobs and makes it easier for people to find work.