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Who coined the term Banana Republic?
Which countries have a banana republic?
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Is a banana republic a form of state capitalism?
A banana republic is a country with an economy of state capitalism, whereby the country is operated as a private commercial enterprise for the exclusive profit of the ruling class.
A banana republic is a politically unstable country with an economy dependent on a single product, such as bananas or minerals. Learn how the term was coined and see examples of banana republics in Central America and beyond.
banana republic, derogatory term for a country that has an economy dependent solely on revenue from exporting a single product or commodity. As a result, such countries are typically controlled by foreign-owned companies or industries. Banana republics usually have a highly stratified socioeconomic structure, with a small ruling class that ...
Learn what a banana republic is and which countries are considered to have this type of government. See a list of 18 countries with some sources and examples of banana republic characteristics.
Aug 12, 2022 · When someone mentions a “banana republic,” they’re referring to a small, poor, politically unstable country that is weak because of an excessive reliance on one crop and foreign funding.
Jan 18, 2017 · Learn how a banana magnate named Samuel Zemurray shaped the term \"banana republic\" and influenced the politics of Central America. Find out how his company Cuyamel and its rival United Fruit controlled the banana trade and the countries where they operated.
May 4, 2024 · The label “banana republic” describes a country whose economy focuses on the export of a single product. Colonial forces assigned this outdated term, which evoked stereotypes of an exploitable, defenseless land with a population they saw as inferior. The plantation system used by foreign corporations has a long history in the Americas.
