Information and translations of Banana Republic in the most comprehensive dictionary definitions resource on the web. What’s The Difference Between “i.e.” vs. “e.g.”?What Do “a.m.” And “p.m.” Stand For?What Is The Difference Between “Furlough” vs. “Layoff”?How Many Words Are There In The English Language?Americans would look askance if Afghans mimicked their own banana-republic justice.“Affect” vs. “Effect”: Use The Correct Word Every TimeAll Of These Words Are Offensive (But Only Sometimes)“Epidemic” vs. “Pandemic” vs. “Endemic”: What Do These Terms Mean?Absentee Ballot vs. Mail-In Ballot: Is There A Difference?What Is The Difference Between “It’s” And “Its”?“It will take America a long way down the road to banana-republic status,” he writes in The New York Times. Today, Honduras remains the prototypical banana republic.
Typically, a banana republic has a society of extremely stratified social classes, usually a large impoverished working In 1901, the American author O. Henry coined the term to describe Honduras and neighbouring countries under economic exploitation by U.S. corporations, such as the United Fruit Company. I remember the days when Banana Republic meant a country in Central America Now its a clothing store that sells really nice clothes banana republic definition: 1. a small country, especially in South and Central America, that is poor, corrupt, and badly ruled…. Banana republic definition, any of the small countries in the tropics, especially in the Western Hemisphere, whose economies are largely dependent on fruit … While bananas remain an important part of the Honduran economy, and workers still complain of being mistreated by their American employers, another product aimed at American consumers has become a challenger—cocaine. In 1933, Sam Zemurray dissolved his Cuyamel Fruit Company and assumed control of its rival United Fruit Company. According to the World Bank, Guatemala ranks as the fourth most unequal country in Latin America and the ninth in the world. What does Banana Republic mean? The murder rate is among the highest in the world, and the Honduran economy remains depressed.Banana republics typically feature highly stratified social orders, with depressed economies dependent solely on a few export crops. In political science, the term banana republic describes a politically unstable country with an economy dependent upon the exportation of a limited-resource product, such as bananas or minerals. Please try again. During the early 1900s, multinational American corporations, sometimes aided by the United States government took advantage of these conditions to build banana republics in Central American countries such as Honduras and Guatemala.A banana republic is a politically unstable country with an economy dependent entirely on revenue from exporting a single product or resource, such as bananas or minerals. Because of its central location on the drug smuggling route, much of the cocaine bound for the United States either comes from or passes through Honduras. So complete was the company’s control over the agricultural, transportation, and political infrastructure of Honduras, the people came to call the United Fruit Company “El Pulpo”—The Octopus.There was an error. Over half of the Guatemalan people live below the poverty line, while corruption and drug-related violence retard economic development. A banana republic is a politically unstable country with an economy dependent entirely on revenue from exporting a single product or resource, such as bananas or minerals. banana republic meaning: 1. a small country, especially in South and Central America, that is poor, corrupt, and badly ruled…. Just 2% of the country’s farming companies control nearly 65% of the agricultural land. Meaning of Banana Republic. banana republic n. A small country that is economically dependent on a single export commodity, such as bananas, and is typically governed by a dictator or the armed forces. It is generally considered a derogatory term describing countries whose economies are controlled by foreign-owned companies or industries.The societies of banana republics are typically highly stratified, consisting of a small ruling-class of business, political, and military leaders, and a larger impoverished working-class.Guatemala still suffers from its banana republic legacy of social inequality in terms of the distribution of land and wealth. Learn more. Definition of Banana Republic in the Definitions.net dictionary.