Banana republic

The phrase banana republic was coined (ca. 1904) by the American writer O. Henry (William Sydney Porter, 1862–1910).

Banana republic is a political science word. It is used for a politically unstable country. Usually, the country's economy depends on the export of one product. Sometimes fruits or minerals. A banana republic has stratified social classes. These include a large, poor working class and a small ruling class made up of the businessmen, politicians, and the military. These people control the Primary sector of the economy. They exploit the country's economy.

The Banana Republic is also a name of a clothing company in the United States.

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• Puppet state