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Cover of Cabbages and Kings (1904 edition). In the 20th century, American writer O. Henry (William Sydney Porter, 1862–1910) coined the term banana republic to describe the fictional Republic of Anchuria in the book Cabbages and Kings (1904), [1] a collection of thematically related short stories inspired by his experiences in Honduras, whose economy was heavily dependent on the export of ...
The largely free 1950 elections were won by the popular Árbenz, [43] and represented the first transfer of power between democratically elected leaders in Guatemala. [ 44 ] Árbenz had personal ties to some members of the communist PGT, which was legalized during his government, [ 43 ] and a couple of members played a role in drafting the new ...
Honduras: Where the United Fruit Company and Standard Fruit Company dominated the country's key banana export sector and associated land holdings and railways, saw insertion of American troops in 1903, 1907, 1911, 1912, 1919, 1924, and 1925. [14] The writer O. Henry coined the term "banana republic" in 1904 to describe Honduras. [15]
A fictional pro-Western dictatorship used for the US and NATO exercises. The Islamic Republic of Ariana lies to the south. The country has two official names, The Great and Liberated People's Free Republic of Atropia and Associated States of Greatness (shortened for your reading pleasure), and The People's Free and Liberated Republic of True ...
Fisher began his career at The Gap after earning his MBA, [4] starting first as the store director for the Banana Republic and then the general manager for Gap in Canada. [4] Fisher served as the president of the Gap's international division and is credited with expanding the company into Canada, France, Germany, the United Kingdom, and Japan. [4]
Entrance façade of the old United Fruit Building at 321 St. Charles Avenue, New Orleans, Louisiana The United Fruit Company (later the United Brands Company) was an American multinational corporation that traded in tropical fruit (primarily bananas) grown on Latin American plantations and sold in the United States and Europe.
The economic dominance and political influence of these companies was so great from the late 19th until the mid 20th century that Honduras became the original model for the banana republic. [8] Banana production in northern Honduras began in the 1880s and was largely in the hands of local people.
As a result, the U.S. Government intervened more directly in Nicaraguan affairs in two separate but related incidents in 1911 and 1912, with the objective of ensuring the rule of a government friendly to U.S. political and commercial interests and preserving political stability in Central America.