The United States wanted to build the Panama Canal in order to save time and money on trading. Before the Panama Canal, people had to sail all the way around Africa in order to get to the other side of the world, which costed much more money and took a lot longer. The US owns the canal because of the Hay-Bunau-Varilla treaty, which gave the rights to the USA to build and manage it.
Answer: During the Venezuelan crisis (2010-present) many things happened:
- National and per capita GDPs between 2013-2017 were lower than those of the US during the Great Depresion.
- +240 deaths, +18400 injuries and +34000 detained.
- Venezuela has developed an estimated debt of 105 billion US$.
- There have been constant shortages of all types of products, even basic necessities like toilet paper or medicine.
- Venezuela´s unemployment rate increased drastically and the country´s economy became one of the poorest in the world.
