1) What is the significance of The Panama Canal? 2) How did The Panama Canal revolutionize trade and industry?
Answers: The Panama Canal struck a chord throughout the world.
People variously referred to the Canal as "the eighth wonder of the world," with an impact akin to "shifting the nation on a map," and "one of the few achievements which may properly be call epoch-making" (Todd, I: 30; Macomber, 11). The endeavor, which removed enough dirt to stuff a tunnel, 14 feet contained by diameter, through the heart of the earth, lived surrounded by the public's imagination unlike any other event of recent memory (Barrett, 47). Yet the significance of the Canal lay primarily in its worldwide commercial plus to merchants.
The Canal shortened the distances between the East Coast of the United States and these markets to the west. Through the Canal, a vessel sailing from New York to San Francisco could cut its trip from more than 13,000 miles around South America and Cape Horn, to just over 5,000. A voyage that previously took over sixty days be halved to roughly speaking thirty. What this meant to adjectives maritime merchants be that they could take on more stowage; virtually making two trips in one.
More Questions & Answers...