A banana republic is a politically unstable country whose economy depends on the export of one product in limited supply, such as bananas or minerals. A banana republic has social classes that are divided by wealth. These include a large, poor working class and a small ruling class made up of the businessmen, politicians, and the military. The ruling class controls and exploits the country's economy.
References[change | change source]
- Richard Alan White (1984). The Morass. United States Intervention in Central America. New York: Harper & Row. pp. 319. https://books.google.it/books?id=X88WAAAAYAAJ&hl=en. P. 95. ISBN 0-060-91145-X; ISBN 978-0-06091-145-4.
- "Big-business Greed Killing the Banana (p. A19)". The Independent, via The New Zealand Herald. Saturday 24 May 2008. http://www.highbeam.com/doc/1G1-179318358.html. Retrieved Sunday 24 June 2012.