Afro-Panamanian
In 1904 when the construction of the Panama Canal was taken over by the United States for the failure of the French company, will again resort to the West Indian worker. Although between 1904 and 1914 the vast majority of Afro-West Indians who arrived in Panama did a one-year contract with the idea of returning to their home islands once the offshore project, after construction of the canal many Afro-Antillean stayed in Panama. Afro-West Indians who remained in Panama many got jobs in the Canal Zone and became the largest immigrant group in Panama. On the subject of Afro-Antillean Panama, Leslie B. Rout said that when the canal was opened in 1914, some 20,000 African-West Indians remained in Panama.
Economy of Panama
The United States completed the canal in 1914, and canal traffic expanded by an average of 15% a year between 1915 and 1930. The stimulus was strongly felt in Panama City and Colón, the terminal cities of the canal. However, the world depression of the 1930s reduced international trade and canal traffic, causing extensive unemployment in the terminal cities and generating a flow of workers to subsistence farming. During World War II, canal traffic did not increase, but the economy boomed as the convoy system and the presence of United States forces, sent to defend the canal, increased foreign spending in the canal cities. The end of the war was followed by an economic depression and another movement of unemployed people into agriculture. The government initiated a modest public works program, instituted price supports for major crops, and increased protection for selected agricultural and industrial products.