The Magnificent Panama :)

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Panama's political stats

Panama became an self governing nation because of its function as the owner of the Canal shipping route—the "path between the seas." It gained independence in 1903 as part of an American-sponsored revolt against Colombia that led to the signing of a treaty granting the United States the right to build the Panama Canal. Panama's government encourages Entrepreneurship. Panama's government is lead by a president. Panama's literacy rate is slowly increasing with more and more students attending schools each year. Panama's trade is not forced.The Panama Canal is one of Panama's highest trade operations. There are not many natural resources in Panama the ores that are available include coal, iron, and petroleum. The current leader of Panama is Juan Carlos Varela. Panama's has a constitutional democracy as they're form of government.

Panama's Culture

Panama is still a developing country, but the canal has provided jobs and income for the country. The literacy rate of Panama is 88%. Agriculture, mainly subsistence agriculture, employs 30% of Panama's people. Most people do not own their own land, and practice shift agriculture, by growing the same crop on one plot of land until their are no nutrients left in the soil. The main crops grown for subsistence include corn, beans, and rice. The main crops grown for sale include coffee, sugarcane, and bananas.Panama's religion is mainly Roman catholic Christianity. Panama's favorite pastime is soccer. There are not many natural resources in Panama the ores that are available include coal, iron, and petroleum. Panamas ethnicitys are Chinese, Jews, Arabs, Greeks, South Asians, Lebanese, West Europeans, and North Americans. In panama Spanish is the official language. In panama people also speak creole. Panama has extremes of wealth and poverty. The wealthiest 20 percent of Panamanians control more than 50 percent of the country's wealth, while 40 percent of the people living in panama are poor. Panamas dollarized economy rests primarily on a well-developed services sector that accounts for three-quarters of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. Economic growth will be bolstered by the Panama Canal expansion project that began in 2007 and is scheduled to be completed by 2014 at a cost of $5.3 billion—about 25% of current GDP. The expansion project will more than double the Canal’s capacity, enabling it to accommodate ships that are now too large to transverse the transoceanic cross way, and should help to reduce the unemployment rate. Panama has a free market economy.

Environmental Issues Of Panama

In the second half of the 20th century, Panama saw almost half of its remaining primary forests wiped out. Around 5.4 million acres of important habitat were destroyed. At the beginning of the 21st century, around 40 percent of the country was still covered by primary forests. 50 years earlier, it was 70 percent. Estimates vary, but deforestation is thought to claim up to 123,500 acres of forest a year in Panama – a loss of slightly more than one percent per year. Panama is a vital link in the Mesoamerican Biological Corridor, which connects the ecosystems of North and South America—122 species of migratory birds pass through the country each year. Of Panama’s estimated 978 bird species, 12 are endemic, 120 are rare, and 20 are globally threatened. Deforestation has the potential to interrupt important migratory routes and cause lasting ecological damage to not only Panama but in North and South America as well. By and large, these forests have been cut down to make way for roads, agriculture, and cattle ranches. Panama’s land coverage is also 78 percent mountainous, which makes the soil erode quickly. Any remaining soil is then exploited for farming operations and is quickly exhausted. These operations degrade the natural landscape. In the last few decades there have been efforts made to reforest parts of Panama. One often-cited flaw is that two-thirds of the trees planted so far are teak, a nonnative species. At the start of the 21st century, a total of 114,000 acres of land had been reforested. . Protecting its forests will ensure healthy habitat for animals and clean air for humans.

history of the panama canal part 1/2

also tells about trans american bridge