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Before the Panama Canal was built, traders from Europe that traveled by sea had to go down the coast of South America and around the Southern most tip of the North American continent in order to get to places on the west coast of North and South America, like California. This was a very dangerous trip, because the water around the most southern bit of the North American continent has very still water and is full of icebergs, making it hard to navigate.
Once the Panama Canal was in place, the traders could simply go straight through without having to go down and around the whole continent. This shortcut also saved travelers about three months on ship voyages.

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Wiki User

16y ago
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Wiki User

15y ago

It is a major shipping lane in the world, because many ships go through the canal instead of sailing around the tip of South America, and Panama benefits because they earn money from the tolls for ships passing through the canal.

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15y ago

The Panama Canal was built for military purposes makes it easier for trading, and its a shortcut between the Atlantic and Pacific Oceans because it reduce travel time for commercial. The Panama Canal was built for military purposes makes it easier for trading, and its a shortcut between the Atlantic and Pacific Oceans because it reduce travel time for commercial.

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13y ago

The US Imperialist under Teddy Roosevelt basically forced their way into Colombia to built this canal.

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Wiki User

12y ago

trade and industry increased.....the time and mileage to go across the Atlantic and Pacific Ocean was reduced..

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Felipe AburtoMoreno

Lvl 5
2y ago

it would shorten shipping routes between the atlantic and pacific oceans

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Wiki User

14y ago

helped boats

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Q: How does the Panama Canal benefit?
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Related questions

How did the panama canal benefit the US during World war 1 and 2?

The Panama Canal was in US control till 1999


How did the Panama Canal benefit Latin America?

Not only did the Panama Canal produce many jobs for people all over the world, it also boosted the Economy of Panama and the surrounding countries.


What sea and ocean does the panama connect?

the Panama Canal


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It was about how America could benefit from it by setting up the Panama Canal after Colombia refused to grant them the land.


What canal crosses the country of Panama?

The Panama Canal crosses the country of Panama.


What country is Panama Cannel?

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What did America benefit from the Panama Canal?

they like got their goods via the canal and America made more money on exports


How did the Panama Canal affect Panama?

The Panama Canal does not affect panama.


What impact does the Panama Canal have on society?

Although the Panama Canal was supposed to be a great benefit to all of society, including Panamanians, it came to be of only economic benefit to the United States. Panamanian businesses weren't permitted to take advantage of the economic opportunity by selling products or gaining employment in the Canal zone. The canal was of great benefit on the transportation between the west and east coasts of the United States.


What is Panama known for?

Panama is known for the Panama Canal.


Why is the Panama Canal so named?

The Panama Canal is named as such because it is a canal and is in the country of Panama.


What is the shortcut between the Atlantic and Pacific ocean?

The Panama Canal