A banana republic idiom meaning

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The correct answer is- 'A small or poor country with a weak government. Key Points. Additional Information. Last updated on Feb 5, A total number of Vacancies have been announced by the commission. Get Started.

A banana republic idiom meaning

Tropico is the excellent nation-builder game that simulates a Caribbean banana republic during the Cold War. If those consumers get their hands on some money, they'll move upmarket to Crate and Barrel and banana republic. It's pure banana republic stuff, but American style, done under cover of law and legitimacy. They stood now almost facetoface, the width of one pitiful little banana republic between them. In the constitution of this small, maritime banana republic was a forgotten section that provided for the maintenance of a navy. At that time we had a treaty with about every foreign country except Belgium and that banana republic , Anchuria. Coined by O. Henry in his short-story collection Cabbages and Kings ; originally used to describe those agrarian countries of Central America dependent in the early 20th century on foreign investment in fruit exports. How to use banana republic in a sentence Tropico is the excellent nation-builder game that simulates a Caribbean banana republic during the Cold War. Cabbages and Kings O. British Dictionary definitions for banana republic.

By the late 19th century, three American multinational corporations the UFC, the Standard Fruit Companyand the Cuyamel Fruit Company dominated the cultivation, harvesting, a banana republic idiom meaning, and exportation of bananas, and controlled the road, rail, and port infrastructure of Honduras. English to Traditional. Bibcode : ScTEn.

In political science , the term banana republic describes a politically and economically unstable country with an economy dependent upon the export of natural resources. In , the American author O. Henry coined the term [1] [2] to describe Guatemala and Honduras under economic exploitation by U. Typically, a banana republic has a society of extremely stratified social classes , usually a large impoverished working class and a ruling class plutocracy , composed of the business, political, and military elites. 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. Such exploitation is enabled by collusion between the state and favored economic monopolies , in which the profit, derived from the private exploitation of public lands, is private property, while the debts incurred thereby are the financial responsibility of the public treasury. Such an imbalanced economy remains limited by the uneven economic development of town and country and usually reduces the national currency into devalued banknotes paper money , thereby rendering the country ineligible for international development credit.

The dictator's insistence that the tiny island nation double down on its dominate export has made it even more of a banana republic. Farlex Dictionary of Idioms. References in periodicals archive? Shamima Begum: Sajid Javid labelled 'moral coward' over baby death. We are a banana republic not because of the Supreme Court, Quicho said. Binay camp: Yes, we're banana republic, but not due to SC. Turkey is not a 'banana republic'. A racist thug threw a banana at a footballer and a judge's failure to jail two white collar crooks firmly established Ireland as a banana republic. We're a banana republic..

A banana republic idiom meaning

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. 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. Banana republics typically feature highly stratified social orders, with depressed economies dependent solely on a few export crops. Both agricultural land and personal wealth are unequally distributed. During the early s, 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. In , the American-owned Cuyamel Fruit Company bought 15, acres of agricultural land on the Caribbean coast of Honduras. Lee Christmas, orchestrated a successful coup d'etat that replaced the elected government of Honduras with a military government headed by General Manuel Bonilla—a friend of foreign businesses.

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Word of the Year. Mandarin Chinese images. October Learn how and when to remove this template message. English usage. This question was previously asked in. Video Guides. Contents move to sidebar hide. In the constitution of this small, maritime banana republic was a forgotten section that provided for the maintenance of a navy. In , the American author O. In the case of Hawaii, the US was also interested in the strategic military significance of the islands, leasing Pearl Harbor [27] and later acquiring Hawaii as a Territory.

A banana republic is a small, poor country, especially a small tropical state in central America, that is completely dependent on one fruit export or other limited product and ruled by a corrupt government, or whose economy is controlled by corrupt foreign interests.

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