AMERICAN IMPERIALISM 1890 1919
THE SPANISH AMERICAN WAR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It made it quicker and easier to move ships between the Atlantic and the Pacific.
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It made the trade routes longer but it was a more scenic route.
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They US gained more land in claiming Panama.
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The US made money of the tolls they charged.
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Detailed explanation-1: -The Panama Canal was one of the largest public investments of its time. In the first decade of its operation, the Canal produced significant social returns for the United States. Most of these returns were due to the transportation of petroleum from California to the East Coast.
Detailed explanation-2: -Benefits: a faster path between U.S. coasts, lower shipping costs, revenues from ships using the canal, and a presence in Central America. Drawbacks: Latin Americans were angry at how the U.S. obtained the land, many workers died during construction.
Detailed explanation-3: -More than a century ago, the opening of the Panama Canal revolutionized international trade by making it much quicker and easier to travel between the Atlantic and Pacific Oceans.
Detailed explanation-4: -With the help of the United States, a revolution occurred in Colombia that led to Panama’s proclaiming its independence on November 4, 1903. A scant two weeks later Panama signed a treaty allowing the U.S. to build, own, and control the Panama Canal.