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Friday, January 3, 2020

The Geography of Panama and the Panama Canal Essay

The Geography of Panama and the Panama Canal The Panama Canal is one of the greatest works of engineering and modern achievements of mankind. An all-water passage through the continental divide of the Panama region had been suggested since early Spanish colonial times of the 16th century. Today a canal that was cut through the Isthmus of Panama is a reality. Its presence has greatly affected Panama in many ways, politically, economically, and socially. The Panama Canal is possibly one of the most well known man made geographic features ever. Only five days after the U.S. secured Panamas independence from Columbia, the first canal treaty was signed with the United States. Signing the treaty†¦show more content†¦The canal is bordered on both sides by the Panama Canal Zone, a strip of land given to the United States in 1903 but returned to Panama in 1979. The United States turned over the control of the canal to Panama in 1999. While the Panama Canal is a bridge of water connecting two oceans, building it ripped Panama apart. For Panama the opening of the canal meant a great boom in its economy. Panama has probably earned about $200 million form the canal every year. In war or peace, more than 12,000 ships from around the world sail through the fifty-one-mile long Panama Canal every year, carrying 160 million tons of cargo, representing about 5% of the worlds total sea borne trade. The canal is particularly vital to the economies of South America, connecting the Atlantic coast with the Orient, and the Pacific coast with Europe. Fifteen percent of all U.S. trade goes through the canal, and the oil pipeline beside it caries 600,000 barrels of Alaska crude oil to the U.S. eastern seaboard and beyond. Panamas special geography and history make its people the most cosmopolitan in the region. 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