What is one of the main factors attributed to Panama's booming economy?
A)The control of Los Estados Unidos over the Panama Canal.
B)Panama's sole control over the Panama Canal.
C)France's abandonment of the Panama Canal project.
D)Joint control of the Panama Canal and Los Estados Unidos.
If you know a bit Spanish please help!! ASAP please and thank you!!
Mrs. Sue sucks balls, I want to know the answer.
You're welcome. :-)
Well the economy is based on a developed services sector, including the Panama Canal.
That tells you which answer is correct.
I get it now! Thank you Ms. Sue.! :)
I don't get it can you please explain?
Mrs sue ur great
To determine the main factor attributed to Panama's booming economy, we need to analyze the options provided and understand the historical context. Let's go through each option:
A) The control of Los Estados Unidos over the Panama Canal.
B) Panama's sole control over the Panama Canal.
C) France's abandonment of the Panama Canal project.
D) Joint control of the Panama Canal and Los Estados Unidos.
The Panama Canal is vital for Panama's economy as it connects the Atlantic and Pacific Oceans, allowing ships to use a shorter route. To find the correct answer, we need to consider the history of the Panama Canal.
Initially, France began construction of the canal in the 1880s but faced several challenges like engineering difficulties and high mortality rates among workers. They eventually abandoned the project in 1893.
The United States then took over the project, which was seen as strategically important for global trade and military operations. The United States played a significant role in the completion of the canal, which was officially opened in 1914.
In 1977, after years of negotiations, the United States and Panama signed the Torrijos-Carter Treaties, which ensured a gradual transfer of ownership and control of the canal to Panama. The transfer was completed on December 31, 1999, giving Panama sole control over the canal.
Considering this historical context, the correct answer would be:
B) Panama's sole control over the Panama Canal.
Since gaining complete control over the canal, Panama has been able to derive economic benefits from its operation, including toll revenue and increased trade. This has been one of the main factors contributing to Panama's booming economy.
¡Espero que esta explicación haya sido útil! Si tienes más preguntas, no dudes en hacerlas.
I know "a bit" of Spanish, but that doesn't help answer this question.
What have you learned about Panama's economy from your text?