1. Republic of Panama
... A Spanish explorer named Rodrigo de Bastidas discovered Panama in 1501. But Columbus claimed it for Spain 1 year later. In 1821, Spanish rule was overthrown, and Panama became a province of Columbia. Later on around 1907, the construction of the Panama Canal took place. It was being controlled by the United States. 7 years later the canal was finished. Until 1999 the canal was to ... relations with the United States were restored. They have a high commercial debt but the government is attempting to resolve that problem. They also face high unemployment and a shortage of skilled labors....
- Word Count: 464
- Approx Pages: 2
- Grade Level: High School