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Canals sales pitch

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Josh Hejka
Josh Hejka

Canals provide important economic benefits by connecting waterways and locations in a straight path for transportation and trade. They boost economies by employing workers for construction, supplying water power to factories, and allowing cheaper transportation of goods over longer distances. This decreases costs and causes price convergence across markets, as demonstrated by commodities and transportation costs decreasing significantly after canals were constructed. Canals are thus preferable to roads or boats alone for enabling economic growth.

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CANALS:THE PATHWAY TO SUCCESSWHY YOU NEED TO FUND CANALSBy ShrimanDesikanAndy GregorJosh HejkaJason LiguoriPeter Sonnega
What are canals?PeterA manmade waterwayUsed for:Connecting two bodies of water togetherCreating a path around a certain locationTransportation and trading purposes
Why are canals important?PeterProvides water power and a means of transportationCreates a path around a locationAllows for a short path between two locationsDecreases trading and transportation costsEconomic boosts
Why are canals important?They boost the economyPeterEmploys many workers to create the canalsMany tools will need to be bought to create the canalsSmall towns along the way will experience an economic boostTravellers will need to buy supplies, food, and a place to sleepMore goods and services to be bought (cheaper goods; services may be needed, like doctors, etc.)Boats cost money to buy
Why are canals important?They cause price convergenceJoshThe convergence between the different markets brings prices closer together, lowering commodity prices and transportation costsThe price of many commodities and of transportation are significantly decreased Allowing Americans to buy and ship goods from a father distance for lower pricesBoosts economy (less cost, more supply)
Josh
JoshOhio RiverRoadsCanal
Why are canals important?They provide for a means of transportation and energyJoshStraight line quickest between two placesRivers are too windy and inefficientThe chart a few slides ago showed that after canals were invented, costs of water shipping went downMany canals were used to supply power to factories
Why wont roads do the trick?Roads are extremely expensive to build and maintain unless they are poor qualityLand travel is too expensive (see previous chart)There will not be any economic boost along these roadsSome to most will be toll roadsPeter
Why wont boats do the trick?There is more of a cost to transport on boats than on canalsThe economy wont be affected no new pathwaysYou cant control where rivers go you are limited to what you already havePeter

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Canals sales pitch

  • 1. CANALS:THE PATHWAY TO SUCCESSWHY YOU NEED TO FUND CANALSBy ShrimanDesikanAndy GregorJosh HejkaJason LiguoriPeter Sonnega
  • 2. What are canals?PeterA manmade waterwayUsed for:Connecting two bodies of water togetherCreating a path around a certain locationTransportation and trading purposes
  • 3. Why are canals important?PeterProvides water power and a means of transportationCreates a path around a locationAllows for a short path between two locationsDecreases trading and transportation costsEconomic boosts
  • 4. Why are canals important?They boost the economyPeterEmploys many workers to create the canalsMany tools will need to be bought to create the canalsSmall towns along the way will experience an economic boostTravellers will need to buy supplies, food, and a place to sleepMore goods and services to be bought (cheaper goods; services may be needed, like doctors, etc.)Boats cost money to buy
  • 5. Why are canals important?They cause price convergenceJoshThe convergence between the different markets brings prices closer together, lowering commodity prices and transportation costsThe price of many commodities and of transportation are significantly decreased Allowing Americans to buy and ship goods from a father distance for lower pricesBoosts economy (less cost, more supply)
  • 8. Why are canals important?They provide for a means of transportation and energyJoshStraight line quickest between two placesRivers are too windy and inefficientThe chart a few slides ago showed that after canals were invented, costs of water shipping went downMany canals were used to supply power to factories
  • 9. Why wont roads do the trick?Roads are extremely expensive to build and maintain unless they are poor qualityLand travel is too expensive (see previous chart)There will not be any economic boost along these roadsSome to most will be toll roadsPeter
  • 10. Why wont boats do the trick?There is more of a cost to transport on boats than on canalsThe economy wont be affected no new pathwaysYou cant control where rivers go you are limited to what you already havePeter