Answer:
Economic advantages of shipping canals are mentioned below:
- The shipping canal creates an ease in world trade and many
economic issues would have been resulted in absence of shipping
canals.
- Shipping canals also holds strategic importance in terms of its
position and making trade route shorter and more efficient. Take
the example of the Panama Canal, it allows shippers of various
commercial goods to save time and money by transporting cargo more
quickly between the Atlantic and Pacific Ocean.
Difference between canals, Straits and isthmuses:
- A strait is a narrow body of water that connects two larger
bodies of water.
- Isthmus are narrow body of land that connects two bodies of
water.
- A strait may be formed by fracture in an isthmus.
- If fracture in isthmus are created by human activities, then
the strait which gets formed from this is called as Canals.
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