Foreign Developments: The Panama Canal Flashcards
What was the idea of the Panama Canal?
To have a canal going through Central America to get from the Atlantic to the Pacific easier
What would be the significance of the Panama Canal if it was built?
It would allow trade with Asia to be much quicker
Why would the Panama Canal and trading with Asia be important?
As there were many threats to US dominance in Asia at this time
Which nation owned Panama at the time?
Colombia
What did Colombia initially do to Roosevelt’s request to build the Panama Canal?
They rejected it
How much did Roosevelt offer Colombia to build the Panama Canal?
$40 million
How did Roosevelt respond to Colombia’s rejection?
He supported Panamanian separatists to revolt and create Panama as a new nation
What was the result of the Panamanian revolt?
It was successful
What did Roosevelt do once the Panama revolt had ended?
He started construction on the Panama Canal
When was the Panama Canal complete?
1914
Which main 2 countries did the USA want to keep their interests in by making the Panama Canal?
China and Japan
