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Did Nasser took over the Suez Canal because he needed the money from it?
Wiki User
∙ 11y ago
He nationalized it and from the taxes earned from it built the Aswan dam which generated electricity for the whole country he is every Egyptians favorite president he went to the world bank and asked for a loan but almost every western country said no thats why he sided with Russia and recognized China.
Wiki User
∙ 11y ago
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What statement is true about gamal abdel Nasser took over what?
Gamal Abdel Nasser took over the Suez canal because he needed the money from it
Why is control of the Panama Canal important?
Because the amount of money made in tolls per year. Who owns the canal gets the money.
After president Eisenhower withdrew his offer to fund the Aswan dam what did Egyptian president Nasser do?
Nasser turned to the Soviet for the money
What did Egyptian president Nasser do after president Eisenhower withdrew his offer to fund the Aswan Dam?
President Nasser of Egypt turned to the Soviet Union for aid.
Why did Walt Disney want to meet with the distributor?
Because he needed money
The Egyptians seized control of the Suez canal in order to what?
Supported by Soviet arms and money, and furious with the United States for reneging on a promise to provide funds for construction of the Aswan Dam on the Nile River, Nasser ordered the Suez Canal seized and nationalized, arguing tolls from the ships passing through the canal would pay for the Dam.
Why did great Britain need to raise money?
Great Britain needed to raise money in 1763 because they needed money because they were bankrupt for the French-Indian war.
How much money Panama Canal?
The canal pays $1.00
Why did the british tax the colinist?
Because they needed money
Why is there a puppet named Elmo?
because they needed money
Did federal money help speed the production of the erie canal?
No federal money did not help speed the production of the Erie Canal. President James Monroe vetoed giving federal money to the canal.
Why was napoleon anxious to sell the territory?
Napoleon sold the Louisiana territory to the americans because he needed the moneyu to fund the war.
