The main economic motive of opening the Suez canal was :
(
This question was previously asked in
Shift 01/06/2023 8:30 AM - 11:30 AM
A
To reduce the cost of transportation
B
To make political relations stronger with Europe
C
To maintain the cultural relations with Egypt
D
To develop the navigation system
Correct Answer
To reduce the cost of transportation
Detailed Explanation
The main economic motive for opening the Suez Canal was to provide a shorter and more efficient trade route between Europe and Asia. Prior to the canal's construction, ships traveling between Europe and Asia had to navigate around the southern tip of Africa, which was a much longer and more treacherous journey. The Suez Canal, which opened in 1869, dramatically reduced the distance and time required to transport goods between the Mediterranean Sea and the Red Sea, making it a critical waterway for international trade. This shorter route offered several economic advantages:
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