How might Balboa and Panama City have benefited from the building of the canal?

Balboa and Panama City had also stood to benefit from the canal's construction in that, since the Panamanian government apparently took over the function of the canal in December 1999, it has provided a significant source of revenue for Panama, the territory, and the value of the Balboa, the country's official store of value.

The Panama Canal is used by many container ships to traverse from the Pacific to the North Atlantic and conversely.

After the French were unable to complete the canal, the US took possession of its construction in 1904, and US President Theodore Roosevelt resolved that the US should reap all of the advantages.

He forbade other Panamanian merchants from establishing enterprises in the canal, and US military personnel were employed to complete the project.

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The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

Balboa and Panama City have benefited from the building of the canal in that since the government of Panamaofficially received the operation of the canal in December 1999, it has represented a considerable form of income for Panama, the region, and the value of the Balboa, the official currency of Panama. Many cargo ships use the Panama canal to cross from the Pacific Ocean to the Atlantic Ocean, and vice versa.

But let's have in mind that when the United States took control of the construction of the canal in 1904 after the French could not complete it, United States President Theodore Roosevelt decided that all of the benefits should be for the US. He did not authorize other Panama businessmen to establish businesses in the canal and US military people were hired to finish the construction.

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