We live in a world where globalization and trade have become one of the most vital aspects in determining the power of a country’s economy. In fact, the process of getting goods from point A to point B might be one of the most important economic drivers in the world, yet no one talks about it. And somehow…quietly in the background, We might be seeing the creation of the most powerful trading economy in the world…but not for the reasons that you might think. If you want to ship an item from a manufacturing hub like China, to a consumer hub in a Place like New York…how would you do it? Well you could just send the package on a direct flight and it’ll get their in roughly 15 hours. But this is extremely costly. It actually costs anywhere from 5 to 15 times more to ship by air than to ship by the most common shipping method… by sea. So, we are probably going to need to use a sea freighter. Now how would you deliver the package? Well you could drop the package off at long beach, and use a rail or truck to move the item to new york, but again, that is usually more costly. Now we are in a predicament. In order to get an Item from China, all the way to new york, a ship would need cross the pacific ocean, travel all the way around the bottom of south america, make its way through the atlantic ocean, before reaching its destination after travelling 30,000 kilometres. And this is a problem that was faced for hundreds of years. For example, when countries like Great Britain wanted to trade with the west coast of the united states or south america. Virtually all ships would’ve needed to travel around the bottom of south america in order to deliver their goods. That was until the early 1900’s when the United States decided to buy up an 82 kilometre long plot of land in Panama. You see, the united states saw that this was the smallest amount of land that separated the Atlantic Ocean from the Pacific Ocean. So they thought this land could be used for both trade and military purposes. So, they purchased this plot for roughly $40 million dollars, or roughly $916 million dollars today.
cho: Ah, for just one time I would take the Northwest Passage
To find the hand of Franklin reaching for the Beaufort Sea;
Tracing one warm line through a land so wide and savage
And make a Northwest Passage to the sea.
Westward from the Davis Strait ’tis there ’twas said to lie
The sea route to the Orient for which so many died;
Seeking gold and glory, leaving weathered, broken bones
And a long-forgotten lonely cairn of stones.
Three centuries thereafter, I take passage overland
In the footsteps of brave Kelso, where his “sea of flowers” began
Watching cities rise before me, then behind me sink again
This tardiest explorer, driving hard across the plain.
And through the night, behind the wheel, the mileage clicking west I think upon Mackenzie, David Thompson and the rest
Who cracked the mountain ramparts and did show a path for me
To race the roaring Fraser to the sea.
How then am I so different from the first men through this way?
Like them, I left a settled life, I threw it all away.
To seek a Northwest Passage at the call of many men
To find there but the road back home again.