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∙ 12y agoI think it was 20 million dollars. panama also received 200,000 dolloars a year for allowing the US to build the pananma canal.
The U.S. spent $352 million dollars building the Panama Canal. The previous person is thinking about how the U.S. spent $20 million to buy the Philippines after the Spanish America War
look here
http://www.sil.si.edu/Exhibitions/Make-the-Dirt-fly/didyouknow.HTML
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∙ 6y agoIt cost about 375 million dollars in 1904.
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∙ 13y agoAmerica paid 40 million to the French for the Panama Canal in 1903
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∙ 11y agoIt was $100 million at first then it dropped to $40 million and Congress then passed the Spooner Act in 1902.
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∙ 13y agoThe Panama Canal opened in 1914, and cost $350-$380 million dollars to build.
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∙ 14y agofor the panama canal zone the U.S. paid 40 million dollars
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∙ 14y agoThe U.S. spent 352 million dollars to build the panama canal.
Wiki User
∙ 13y ago400 million dollars.
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How much money did the US invest in the Panama canal?
The United States invested $40 million dollars to secure the building site of the Panama Canal after the French were unable to complete the project. In addition, we agreed to pay $10 million dollars a year to Panama in exchange for control of a 5-mile strip of land surrounding the canal. This treaty was ratified by the U.S. In 1904. The canal was completed in 1914.
How can the country of panama benefit by owning the canal?
i dont know
What year Panama canal obtain control over the US?
The USA has never owned the Panama Canal but it did pay Columbia 25000000 million dollars for Panamas Independece and an American agency ran the day to day operations for several decades.Efficency and safety has actually improved since Panama itself has taken over the running of the canal
Why can US Navy and the US Army ships can go through the Panamal Canal without paying and other ships have to pay?
Under the guidance of Theodore Roosevelt, the U.S. built the panama canal to help panama gain its independance from colombia. Panama owns the canal, so I'm guessing their government gives the U.S. Navy freepasses in gratitude
Is the Panama Canal dirty?
The Panama Canal and the surrounding areas around it is as clean as it can be. They enforce littering laws strongly, if a Police personnel or a park enforcement officer see you trowing a piece of paper or food or even a cigarette butt on the ground, you will get at least a $50.00 fine payable immediately by debit or credit card, if you cant pay they take you to one of the police precinct to record you until you pay the fine. Yes it is strongly enforced. The Panama canal is one of the cleanest places on earth, so is the Capital of Panama.
How did the us pay for the panama canal?
It was $100 million at first then it dropped to $40 million and Congress then passed the Spooner Act in 1902.
What did Roosevelt do to allow the United states to build a canal in Panama?
He encouraged Panama to rebel against colombia apex
Why is Panama Canal important to the economy of Panama?
Because in panama they don't have the freaking money, right B1T(h? They have to get forking fish to pay they're thing, so you are so dumb that yo don't now that!! .l. F\/ck You Mother- F\/(ka
How much did the us pay for guilty feelings for panama?
$400 million dollars
How much can I expect to pay for a root canal touch up at Loma Linda school of Dentistry?
You can usually expect to pay less for a root canal at a dental school than you would pay at a dental office.
How much money does America have to pay?
$25
Does the Panama Canal make money for Panama?
"Like the Panama Canal, bonds are rightly issued. To pay for such an improvement, in a few years, would greatly increase the tax rate. A bond issue spreads this tax burden over many years..." This information was from "The Land of Fair Play" by Geoffrey Parsons
