WORLD HISTORY

COLONIALISM AND IMPERIALISM

IMPERIALISM IN ASIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was a result of the US helping Panama gain independence?
A
Panama gave the US the Statue of Liberty
B
Panama created a national holiday to honor the US
C
Panama refused to join Simon Bolivar’s war against the US
D
The US was allowed to build the Panama Canal
Explanation: 

Detailed explanation-1: -With the support of the U.S. government, Panama issues a declaration of independence from Colombia. The revolution was engineered by a Panamanian faction backed by the Panama Canal Company, a French-U.S. corporation that hoped to connect the Atlantic and Pacific oceans with a waterway across the Isthmus of Panama.

Detailed explanation-2: -By persuading and funding an independence movement in Panama, the newly formed nation signed a treaty with the U.S. allowing it to build a canal through a strip of Panamanian land that was leased to them.

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: -In 1903, Panama declared its independence from Colombia in a U.S.-backed revolution and the U.S. and Panama signed the Hay-Bunau-Varilla Treaty, in which the U.S. agreed to pay Panama $10 million for a perpetual lease on land for the canal, plus $250, 000 annually in rent.

Detailed explanation-5: -In 1903, the United States negotiated a treaty with Colombia that granted the United States the right to construct and operate a canal for 100 years within a zone six-miles wide across Panama.

There is 1 question to complete.