Module 2 - Benefits of the Panama Canal

The declaration of independence took place in 1903.

• True

• False

The new reality with the construction of the canal was the full compliance of the Herran-Hay treaty.

• True

• False

Hundreds of rental houses were built by the bourgeoisie.

• True

• False

One of the multiple benefits Panama received from the canal was...

• 6 millions divided amongst several years.

• 10 millions directly into Panamanian treasurer.

• New York stock options on Panama´s behalf.

Which of the following were some of the social impact after the construction of the canal?

• Workers were sent back to their countries.

• The unemployment rate decreased

• The unemployment rate increased

How was the social class divided back in the 20's?

• Bourgeoisie and working class.

• US and Panamanians.

• Political, US citizen and civillians.

What was one of the aspects that was not documented in any treaty?

• US could intervene if the canal was in danger or threat.

• Panamanians couldn´t cross to the Canal Zone.

• US citizens could cross to Panama City.

The main reason for the tenant strike was...

• The increase of the monthly fee in house rental.

• The alliance of the goverment with the US.

• The new tax law for the burgoiese.

Panama´s geographical position opened room for commerce in two specific places, which places are these?

• Coto and Puerto Armuelles.

• Panama city and Colon.

• The canal zone and Panama City.

The US attempted to take Causeway, Taboga, Contadora and Isla Perlas.

• True

• False