answersLogoWhite

0

The general interest about building a canal across Central America was the fact resources could get through South America and North America instead of going all around South America. This trip was long and hard,

it also required a lot of stops for oil, therefore it became costly. So even though this canal costed the US millions of dollars it saved millions up to this day.

User Avatar

Riley Glover

Lvl 10
3y ago

What else can I help you with?

Related Questions

Why was there increased interest in building a canal across Central America in the late 1800s?

The general interest about building a canal across Central America was the fact resources could get through South America and North America instead of going all around South America. This trip was long and hard, it also required a lot of stops for oil, therefore it became costly. So even though this canal costed the US millions of dollars it saved millions up to this day.


Why was there increased interest in building a canal across central America in the late 1800?

The general interest about building a canal across Central America was the fact resources could get through South America and North America instead of going all around South America. This trip was long and hard, it also required a lot of stops for oil, therefore it became costly. So even though this canal costed the US millions of dollars it saved millions up to this day.


How can increase in interest rate be prevented?

It depends what country you're in.Most commonly, the Central Bank has the right tools (decreasing general interest rate towards national banks) to prevent the increase in interest rates.


Was malaria at first a problem in building the canal across Central America?

YES.


Who helped increase US trade with Central and South America?

F___ yall


Politicians who supported America building a canal across the narrow section of Central America argued that?

the canal was needed for America's self-defense


For what reason did the Central Bank reduce the interest rates?

Central banks have control of the prevailing interest rates in the country and they usually reduce or increase them to maintain the country's economic status. If the country is having high inflation then the central bank would increase the interest rates to suck in excess cash from the markets and to reduce rates of essential commodities. Similarly, when the country is in a economic crisis, they might reduce interest rates to make borrowing cheaper and to promote spending.


Who is the central interest of accounting?

the central interest of accounting


When you unscramble the word lrnceta eaiamrc what is it?

The anagram is Central America.


When Real interest rate will increase?

Real interest rates tend to increase when inflation expectations decrease, allowing nominal interest rates to rise without being offset by higher inflation. Additionally, an increase in demand for credit or a reduction in the supply of savings can push real interest rates higher. Central banks may also raise nominal rates to combat inflation, leading to an increase in real interest rates. Overall, these factors can create an environment where real interest rates rise.


What is the reason that Panama is called a nation of Central America?

The reason why Panama is called a nation of Central America is because of the US interest in the Panama Canal, which was vital to U.S. global operations which led to the United States invasion of Panama 1989.


What physical features do central America and south America?

A physical characteristic of Brazil would be something like the Amazon river.