MANAGUA, Nicaragua (AP) — For centuries, tycoons and adventurers alike have dreamed of building a canal through Nicaragua between the Pacific and Atlantic
oceans and riding a boom in international trade to new riches. Up until now,
however, all comers were forced to admit defeat when faced with the sheer
challenge of building a man-made river through dense, hilly jungle.
The Chinese company. HK Nicaragua Canal Development Investment Co. Ltd., is
working with the Nicaraguan government on a massive canal project experts say
could take 11 years to finish, cost $40 billion and require digging about 130 miles
(200 kilometers) of waterway.
1. How have the changes in society led to the development of the Nicaraguan Canal?