Banana republics are Central American and Caribbean nations exploited by multinational companies and imperial governments. The term „banana republic” refers to a country whose economy is based on the export of a single product. Colonial forces assigned this outdated term to an exploitable, defenceless land with a population they saw as inferior. The use of plantation systems by foreign corporations has a long history in the Americas. The local populace exhibited resistance in response to injustice. Although the monopolies departed in the 1960s, the impacts of this system continue to exist today.
