The derogatory term banana republic refers to a country that has an economy dependent solely on revenue from exporting a single product or commodity. It typically has a highly stratified socioeconomic structure and is politically unstable. The term was coined by American author O. Henry in 1901. 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... The meaning of BANANA REPUBLIC is a country that is exploited by foreign interests for profit and whose economy typically depends on a single major export (such as bananas); also : a country ruled by a despot usually backed by the military.
The meaning of BANANA REPUBLIC is a country that is exploited by foreign interests for profit and whose economy typically depends on a single major export (such as bananas); also : a country ruled by a despot usually backed by the military. A country of wealthy healthcare corporations enabled by the government, who let clinicians choose between volunteer work or turning sick people away is its own kind of banana republic. The term banana republic describes a struggling country whose economy depends on exporting natural resources — particularly agriculture, hence the banana — to larger, wealthier nations. A ‘banana republic’ is, in short, a country – especially a small state – whose economy is almost entirely dependent on one commodity. This commodity is usually fruit, and the term banana republic was originally applied to countries in Central America, where bananas are grown in vast numbers before being exported around the world. BANANA REPUBLIC meaning: 1. a small country, especially in South and Central America, that is poor, corrupt, and badly ruled…. Learn more.
The term banana republic describes a struggling country whose economy depends on exporting natural resources — particularly agriculture, hence the banana — to larger, wealthier nations. A ‘banana republic’ is, in short, a country – especially a small state – whose economy is almost entirely dependent on one commodity. This commodity is usually fruit, and the term banana republic was originally applied to countries in Central America, where bananas are grown in vast numbers before being exported around the world. BANANA REPUBLIC meaning: 1. a small country, especially in South and Central America, that is poor, corrupt, and badly ruled…. Learn more. 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. Any small, typically Latin American, country characterized by political instability and a one-crop economy controlled by foreign capital.