Panama Canal and the Decline of South America

Valparaiso, Chile, rose due to great navigation and declined due to Panama Canal.

W prescription

June 18 creators in the field of tourism

Valparaiso is located in central Chile, 0/20km away from Santiago/Kloc.

Valparaiso is the second largest metropolitan area in Chile and one of the largest seaports in the South Pacific.

/kloc-In the second half of the 20th century, it became the main transit point across strait of magellan due to the rise of great maritime discoveries.

During this period, the city of Valparaiso developed rapidly, attracting many European immigrants to settle down.

There is the oldest stock exchange in America, the first fire station and the first public library in Chile.

In the second half of the 20th century, the opening of Panama Canal made the port economy here plummet.

Many wealthy families have also moved out of here and settled in the capital Santiago.

Until 2003, Valparaiso became a century-old heritage, and the culture and art here began to recover.

The cobblestone alleys between hillsides, like labyrinthine colorful buildings, make Valparaiso the most popular tourist city in South America.

The New Year fireworks show in the bay fills the whole coast and hillside with fireworks, attracting more than 6,543,800 tourists every year.

Colorful Valparaiso