Which canal's opening in 1914 negatively impacted Valparaíso's port-based economy?
Panama Canal
Suez Canal
Kiel Canal
Corinth Canal
Answer
The opening of the Panama Canal in 1914 significantly reduced ship traffic in Valparaíso, as it provided a more direct route between the Atlantic and Pacific oceans. This event dealt a serious blow to Valparaíso's port-based economy.
Valparaíso Knowledge Challenge: Are You Up for the Test?