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Three signs you're in a Banana Republic

No, not the one at the mall

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The term "Banana Republic" is considered an insult today, but where did it come from and what does it mean, historically? Here are the prerequisites to being a Banana Republic:

1. The country must be tiny.
2. It also must be despotic.
3. The economy must consist of 1-2 agricultural exports.

Some are asking if the United States is heading in this direction, due to rising income disparities. We don't fit the classic definition of a Banana Republic, however, so that's one less thing to worry about.