Why did the french build the suez canal

The Suez Canal was built to make the trip from Europe to Asia shorter. Before it opened in 1869, ships had to sail around the Africa to get to Asia which took months of sea travel.

When France had probably the best Civil Engineering schooling system in the world, a lot of really talented French engineers started dreaming of building a canal through Egypt to connect the Mediterranean with the Indian Ocean (via the Red Sea). This of course would be a great contribution to mankind (particularly the portion of it living in Europe). It might also help bring Egypt into the modern community of nations (IOW: draw it closer to France).

The price of oil and inflation are connected in a cause and effect relationship, that is, when the price of oil increases, inflation also increases in an economy. this is because, oil is a major input in the economy, that is, it is used for critical purposes such as fueling of vehicles for transportation, for running of industrial generators and machines, for heating homes, etc.for instance, if the price of oil increases in an economy, it will increase the cost of production for those using the oil in their production processes and they will automatically increase the cost of their products in order to offset the extra costs. this leads to general increase in the prices of products in the market and result in inflation.