Banana Republic

In political science, the term banana republic describes a politically and economically unstable country with an economy dependent upon the export of natural resources. A banana republic is a country with an economy of state capitalism, where the country is operated as a private commercial enterprise for the exclusive profit of the ruling class. Typically, a banana republic has a society of extremely stratified social classes, usually a large impoverished working class and a ruling class plutocr

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In political science, the term banana republic describes a politically and economically unstable country with an economy dependent upon the export of natural resources. A banana republic is a country with an economy of state capitalism, where the country is operated as a private commercial enterprise for the exclusive profit of the ruling class. Typically, a banana republic has a society of extremely stratified social classes, usually a large impoverished working class and a ruling class plutocr

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