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they made a $300 million bridge to unit the two vast oceans which officially opened in 1914.

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Frances Nicolas

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3y ago

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What military and economics benefits does the panama canal provide?

they made a $300 million bridge to unit the two vast oceans which officially opened in 1914.


Why does the panama canal have more commercial than military importance today?

The Panama canal has more commercial benefits today because there have been multilateral agreements between countries and economies on either side of the canal. Less military activity goes on in the region.


Who was involved with the Panama Canal?

Most countries understood the economic benefits of the canal. The French attempted to build it, but were unable to continue the financing and effort. The US took control of the project and finished it.


Why did US Support the Panamanian rebellion and recognize?

The U.S. supported the Panamanian rebellion against Colombia in 1903 primarily to secure control over the construction of the Panama Canal, which was vital for military and commercial shipping. By recognizing Panama shortly after its declaration of independence, the U.S. aimed to quickly establish a favorable treaty that allowed for the canal's construction and operation. The strategic and economic benefits of the canal were significant motivators behind U.S. intervention in the region.


How did the state raise money to build the Erie Canal?

The state of New York raised money to build the Erie Canal primarily through the issuance of bonds. The canal was financed by state funds, which included loans and investments from private investors who were attracted by the potential economic benefits of the canal. Additionally, the state leveraged public support and economic forecasts to rally political backing for the project, ensuring sufficient funding for its construction.


Which of the following statements illustrates a key difference between how the US gained control of the Panama Canal and how it gained control of trade rights in Japan?

In each situation, the United States used military intimidation to achieve its economic goals.


What are the benefits of a canal?

good for trading


What were the benefits of the canal travel?

good for trading


Are there any you. s. military presents at the panama canal?

u.s. presents at the panama canal


Where you can give lining in canal?

where canal design bed profile is below ground profile or say when canal is in filling we can provide lining in canal.


Why the us wanted to acquire the panama canal?

The United States sought to acquire the Panama Canal primarily to enhance its maritime trade and military mobility between the Atlantic and Pacific Oceans. The canal would significantly reduce travel time for naval and commercial ships, bolstering U.S. economic interests and strategic military positioning. Additionally, following the construction of the Suez Canal, the U.S. recognized the need for a similar route in the Americas to maintain its influence and competitiveness in global trade. The U.S. ultimately supported Panama's independence from Colombia in 1903 to facilitate the canal's construction and control.


How many military bases are on the Panama Canal?

there are six