what were the effects of the panama canal?

The Costs of the Panama Canal The Panama Canal was the most expensive public works project in American his-tory until that time. At Panama, the antimalarial work was principally rural, located for 47 miles along the line of the railroad between Panama and Colon. Panama Canal. Not only is the Panama Canal important to Panama for income and jobs, but it is also considered to be vitally important to the United States economy. Between 1903 and 1914, the United States spent $302 million on construction. The canal cuts across the Isthmus of Panama and is a conduit for maritime trade. The creation of additional employment within Panama due to the expansion, an estimated 10-15%, and mid-long term effects of extra income within the country, will only further strengthen and develop Panama. This is not only helpful in providing a way to transport goods but creates many jobs within the process. The causes of the Panama Canal are location, commerce, and the human drive to overcome obstacles. The Panama Canal (Spanish: Canal de Panamá) is an artificial 82 km (51 mi) waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean. Many U.S. exports and imports travel through the Canal daily (over 10% of all U.S. shipping goes through the Canal). The Panama Canal is essential to the Panama as well as United States economies. In 2004 dollars, adjusted with the U.S. GDP deflator, the Panama Ca-nal cost $4.4 billion. The engineering, technical, medical, and scientific challenges were incredible, first having to get disease under control and then figure out whether it should be a sea-level or a lock canal. Many people died building the Panama Canal: Of the 56,000 workers employed between 1904 and 1913, roughly 5,600 were reportedly killed. The Panama Canal extends diagonally across the Isthmus of Panama from south-east to north-west, a distance of 42 miles from shore to shore. Today, Over 10% of the United States shipping goes through the Canal. Impact of the Panama Canal Panama was established as a country, with U.S. assistance, shortly before the treaty was signed in 1903. In 2012 the ACP reported that, for the second consecutive year, contributions from the Panama Canal to the nation’s coffers exceeded $1 billion. Regardless, the Panama Canal continues to operate at near capacity and is raking in the profits. The causes of the Panama Canal are location, commerce, and the human drive to overcome obstacles. The Panama Canal has always had plenty of competition, much of it from the Suez Canal. The frayed relations between the U.S. and Panama began almost immediately after the signing of the 1903 Hay-Bunau-­Varilla treaty that allowed the U.S. to build and maintain the Panama Canal on the Isthmus of Panama. 47 miles along the line of the United States shipping goes through the Canal ) a distance of 42 from! Drive to overcome obstacles distance of 42 miles from shore to shore before the treaty was signed 1903. 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