Because that way US boats can get through to the Caribbean or Pacific Ocean without going around the entire continent of Africa.
For more information search "Panama Canal" on wikipedia.com
This shorter, safer, and faster route to the Western US helped it to become more integrated with the world economy.
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Panama was a part of Columbia. The US fomented a revolt in Panama, then signed a treaty with the new state of Panama. This was around 1902 (maybe not exact). Panama signed over the canal zone to the USA, and the USA built the system of locks, canals, and lakes that is called the Panama Canal.
Because it was called the Panama Canal
It can be said that the Panama Canal has benefited every country in Central America because the Panama Canal provides a way to go through North America and South America. If it wasn't there, you would have to go around South America to get past North or South America by boat.
It is the Panama Canal. It was originally built by the US. However Panama just completed a major improvement of the canal.
The US purchased the Panama Canal from France in 1903 for $40 million.
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The state in the US closest to the Panama Canal is Florida. The southern tip of Florida is about 880 miles from the Panama Canal.
No, France sold the rights to the Panama Canal to the US.
The capital city of Panama is Panama City, which straddles the Panama Canal (originally the US-occupied Canal Zone).