Banana republic

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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.[1] These people control the Primary sector of the economy. They exploit the country's economy. [2]

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