Interesting Facts About the Panama Canal. Besides, it is an economic transit route for traders hoping to get their products to the other side of the world. Why is Panama and the Suez canals important for shipping routes? panama canal By the turn of the century, sole possession of the proposed canal became a military and economic imperative to the United States, which had acquired an overseas empire at the end of the Spanish-American War and sought the ability to move warships and commerce quickly between the Atlantic and … The expanded Panama Canal opened on June 26, 2016. It’s extremely important for international trade as it operates as a direct route across the Mediterranean, which makes transportation faster and cheaper. The canal allows shippers of commercial goods (anything from automobiles to fuels) to save time and money, which, generally speaking, means lower consumer prices for you and me. Panama Canal Gatun lock gates. The Panama Canal The World’s Most Important Shortcut SlideShare uses cookies to improve functionality and performance, and to provide you with relevant advertising. The Panama Canal: Riots, Treaties, Elections, and a little Military ... The Panama Canal is a 50-mile, man-made canal cutting through the Isthmus of Panama that connects the Pacific and Atlantic Oceans. The Panama Canal In this lesson we will learn Why the canal was needed Who wanted it built What obstacles did they face How was it built How does it work Why did the U.S. want to build the canal? Why is the Panama Canal important? | Britannica
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why was the panama canal important