what were the effects of the panama 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. 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. In 2012 the ACP reported that, for the second consecutive year, contributions from the Panama Canal to the nation’s coffers exceeded $1 billion. 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. 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 has always had plenty of competition, much of it from the Suez Canal. The causes of the Panama Canal are location, commerce, and the human drive to overcome obstacles. This is not only helpful in providing a way to transport goods but creates many jobs within the process. Between 1903 and 1914, the United States spent $302 million on construction. 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. 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. 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. The Panama Canal is essential to the Panama as well as United States economies. Many people died building the Panama Canal: Of the 56,000 workers employed between 1904 and 1913, roughly 5,600 were reportedly killed. Today, Over 10% of the United States shipping goes through the Canal. The causes of the Panama Canal are location, commerce, and the human drive to overcome obstacles. The canal cuts across the Isthmus of Panama and is a conduit for maritime trade. Impact of the Panama Canal Regardless, the Panama Canal continues to operate at near capacity and is raking in the profits. Panama was established as a country, with U.S. assistance, shortly before the treaty was signed in 1903. 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. : of the Panama Canal was the most expensive public works project in his-tory! 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