History, asked by yashpreet51, 11 months ago

what is banana republic​

Answers

Answered by 121balaji
2

Answer:

a small state that is politically unstable as a result of the domination of its economy by a single export controlled by foreign capital.

Explanation:

Answered by DodieZollner
0

The Banana Republic is a term used to describe a country whose economy based on one crop.

Explanation:

  • For the first time, the term Banana Republics was given by William Sydney Porter in 1901.
  • He coined the term to describe Honduras and other neighbouring countries under exploitation by America corporations.
  • Honduras and other neighbouring nations were growing one crop like a banana which was part of the entire economy.

Learn More:

What is a banana republic

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