why was the panama canal important

Imports … A good part of the GDP of panama comes from the canal charges. The canal saves a total of about 7,800 miles (12,600 km) on a sea trip from New York to San Francisco. The Importance Of The Panama Canal - bartleby Panama Canal - History and Overview - ThoughtCo US History: Panama Canal for Kids - Ducksters For centuries, the idea of how to access the West Indies puzzled many sailors from across the globe. The purpose of expanding the Panama Canal is to preserve and uphold competitiveness of the canal, maintain the importance of the Canal course by making superior benefits for the vast population of Panama. Completed in 1914, the Panama Canal symbolized U.S. technological … The Panama Canal and Suez Canal are longtime rivals within the container shipping industry as both canals support the flow of global trade by shortening historical trade routes. The Panama Canal is believed by many to be one the greatest achievements in engineering ever accomplished. Although both canals have their importance in their place, the Panama Canal has the most influence on the world because of its historical values, difficulties during building and its influences on the global economy. In 1999 the Government of Panama took control of the canal, and now the government-owned Panama Canal Authority manages and operates the canal. Importance Over 22,000 workers died during the French effort to build the Canal, many of them from malaria and yellow fever. The Panama Canal was essential to the United States because of its commercial value and importance in the development of U.S. imperialism and power.

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