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A banana republic is often a nation which has a point out-capitalist economy, by which the government operates the country like A non-public small business for the sole good thing about the ruling course. This type of exploitation is designed doable by collusion in between The federal government and desired economic monopolies, whereby the gain made through the personal exploitation of general public lands is non-public property and also the debts created Because of this are classified as the accountability of the general public treasury. These an unequal economic climate continues to generally be constrained with the unequal financial growth of town and place, and typically converts the nationwide currency into devalued banknotes (paper dollars), disqualifying the country from receiving Intercontinental improvement funding. https://insideopinions.com/is-the-united-states-a-banana-republic/ |
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