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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 resource.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 plutocracy, composed of the business, political, and military elites. The ruling class controls the primary sector of the economy by exploiting labor. Such exploitation is enabled by collusion between the state and favored economic monopolies, in which the profit, derived from the private exploitation of public lands, is private property. At the same time, the debts incurred thereby are the financial responsibility of the public treasury. Therefore, the term ''banana republic'' is a pejorative ...
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Political Science
Political science is the scientific study of politics. It is a social science dealing with systems of governance and Power (social and political), power, and the analysis of political activities, political philosophy, political thought, political behavior, and associated constitutions and laws. Specialists in the field are political scientists. History Origin Political science is a social science dealing with systems of governance and power, and the analysis of political activities, political institutions, political thought and behavior, and associated constitutions and laws. As a social science, contemporary political science started to take shape in the latter half of the 19th century and began to separate itself from political philosophy and history. Into the late 19th century, it was still uncommon for political science to be considered a distinct field from history. The term "political science" was not always distinguished from political philosophy, and the modern dis ...
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Plantation
Plantations are farms specializing in cash crops, usually mainly planting a single crop, with perhaps ancillary areas for vegetables for eating and so on. Plantations, centered on a plantation house, grow crops including cotton, cannabis, tobacco, coffee, tea, cocoa, sugar cane, opium, sisal, oil seeds, oil palms, fruits, rubber trees and forest trees. Protectionist policies and natural comparative advantage have sometimes contributed to determining where plantations are located. In modern use, the term usually refers only to large-scale estates. Before about 1860, it was the usual term for a farm of any size in the southern parts of British North America, with, as Noah Webster noted, "farm" becoming the usual term from about Maryland northward. The enslavement of people was the norm in Maryland and states southward. The plantations there were forced-labor farms. The term "plantation" was used in most British colonies but very rarely in the United Kingdom itself i ...
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Schooner
A schooner ( ) is a type of sailing ship, sailing vessel defined by its Rig (sailing), rig: fore-and-aft rigged on all of two or more Mast (sailing), masts and, in the case of a two-masted schooner, the foremast generally being shorter than the mainmast. A common variant, the topsail schooner also has a square topsail on the foremast, to which may be added a Topgallant sail, topgallant. Differing definitions leave uncertain whether the addition of a Course (sail), fore course would make such a vessel a brigantine. Many schooners are Gaff rig, gaff-rigged, but other examples include Bermuda rig and the staysail schooner. Etymology The term "schooner" first appeared in eastern North America in the early 1700s. The term may be related to a Scots language, Scots word meaning to skip over water, or to skip stones. History The exact origins of schooner rigged vessels are obscure, but by early 17th century they appear in paintings by Dutch marine artists. The earliest known il ...
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Lorenzo Dow Baker
Lorenzo Dow Baker (March 15, 1840 in Wellfleet, Massachusetts – June 21, 1908) was an American sailor, ship's captain and businessman whose 1870 voyage from the Orinoco to Jamaica and then to Philadelphia launched the modern banana production industry. In 1881 he partnered with his brother-in-law Elisha Hopkins to form L.D. Baker & Co. In 1885 he joined forces with Andrew W. Preston and eight others to form the Boston Fruit Company, which led to several successive partnerships, ending in the 1899 formation of the United Fruit Company 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 company was ..., now Chiquita. Baker's success caused Wellfleet to become a summer resort. Baker left a fortune of $4 million () upon his death in 1908. References American sailors American food indus ...
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Cuyamel Fruit Company
Cuyamel Fruit Company, formerly the Hubbard-Zemurray Steam Ship Company, was an American agricultural corporation operating in Honduras from 1911 until 1929, before being purchased by the United Fruit Company. The company was founded in the 1890s by William Streich to export bananas and sugar from the northwestern Cortés region of Honduras to international markets. It was bought by Samuel Zemurray around 1905, who took the company name for his own operation. Zemurray would later become the president of the United Fruit Company. Both Cuyamel and United Fruit are corporate ancestors of the modern-day firm Chiquita Brands International. Early years Cuyamel Fruit Company was founded in the 1890s by William Streich, a speculator who bought land near the Cuyamel River in Honduras. The company soon ran out of money and was purchased around 1905 by the Russian born Samuel Zemurray, who used it as part of the beginning of his growing banana trade operation. Zemurray started selling ...
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Embezzlement
Embezzlement (from Anglo-Norman, from Old French ''besillier'' ("to torment, etc."), of unknown origin) is a type of financial crime, usually involving theft of money from a business or employer. It often involves a trusted individual taking advantage of their position to steal funds or assets, most commonly over a period of time. Versus larceny Embezzlement is not always a form of theft or an act of stealing ''per se'', since those definitions specifically deal with taking something that does not belong to the perpetrators. Instead, embezzlement is, more generically, an act of deceitfully secreting assets by one or more persons that have been ''entrusted'' with such assets. The persons entrusted with such assets may or may not have an ownership stake in such assets. Embezzlement differs from larceny in three ways. First, in embezzlement, an actual '' conversion'' must occur; second, the original taking must not be trespassory, and third, in penalties. To say that the ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Doubleday (publisher)
Doubleday is an American publishing company. It was founded as the Doubleday & McClure Company in 1897. By 1947, it was the largest book publisher in the United States. It published the work of mostly U.S. authors under a number of imprints and distributed them through its own stores. In 2009, Doubleday merged with Alfred A. Knopf, Knopf Publishing Group to form the Knopf Doubleday Publishing Group, which, as of 2018, is part of Penguin Random House. History 19th century The firm was founded as Doubleday & McClure Company in 1897 by Frank Nelson Doubleday in partnership with Samuel Sidney McClure. McClure had founded the first U.S. newspaper syndicate in 1884 (McClure Syndicate) and the monthly ''McClure's Magazine'' in 1893. One of their first bestsellers was ''The Day's Work'' by Rudyard Kipling, a short story collection that Macmillan published in Britain late in 1898. Other authors published by the company in its early years include W. Somerset Maugham and Joseph Conrad. T ...
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Cabbages And Kings (novel)
''Cabbages and Kings'' is a 1904 novel made up of interlinked short stories, written by O. Henry and set in a fictitious Central American country called the Republic of Anchuria. It takes its title from the poem "The Walrus and the Carpenter", featured in Lewis Carroll's ''Through the Looking Glass''. Its plot contains famous elements in the poem: shoes and ships and sealing wax, cabbages and kings. It was inspired by the characters and situations that O. Henry encountered in History of Honduras (1838–1932), Honduras in the late 1890s. Chapters ::The Proem: By the Carpenter ''Cabbages and Kings'' can be classified as a fix-up novel. In the last chapter of the book, "The Vitagraphoscope", O. Henry suggests that it is a "vaudeville" that is "intrinsically episodic and discontinuous". Some characters do their turn—the vaudeville term for an act—and disappear, and others reappear if only briefly. New York Times Book Review, December 17, 1904 "The incidents embracing as they ...
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Cover Of Cabbages And Kings, 1904 Edition
Cover or covers may refer to: Packaging * Another name for a lid * Cover (philately), generic term for envelope or package * Album cover, the front of the packaging * Book cover or magazine cover ** Book design ** Back cover copy, part of copywriting * CD and DVD cover, CD and DVD packaging * Smartphone cover, a Mobile phone accessories, mobile phone accessory that protects a mobile phone People * Cover (surname) Arts, entertainment, and media Music Albums ;Cover * Cover (Tom Verlaine album), ''Cover'' (Tom Verlaine album), 1984 * Cover (Joan as Policewoman album), ''Cover'' (Joan as Policewoman album), 2009 ;Covered * Covered (Cold Chisel album), ''Covered'' (Cold Chisel album), 2011 * Covered (Macy Gray album), ''Covered'' (Macy Gray album), 2012 * Covered (Robert Glasper album), ''Covered'' (Robert Glasper album), 2015 ;Covers * Covers (Beni album), ''Covers'' (Beni album), 2012 * Covers (Regine Velasquez album), ''Covers'' (Regine Velasquez album), 2004 * Covers (Pl ...
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Development Aid
Development aid (or development cooperation) is a type of aid given by governments and other agencies to support the economic, environmental, social, and political International development, development of developing countries. It is distinguished from humanitarian aid by aiming at a sustained improvement in the conditions in a developing country, rather than short-term relief. The overarching term is Aid, ''foreign aid'' (or just ''aid''). The amount of foreign aid is measured though official development assistance (ODA). This is a category used by the Development Assistance Committee (DAC) of the OECD, Organisation for Economic Co-operation and Development (OECD) to measure foreign aid. Aid may be ''bilateral'': given from one country directly to another; or it may be ''multilateral'': given by the donor country to an international organisation such as the World Bank or the United Nations Agencies (UNDP, UNICEF, UNAIDS, etc.) which then distributes it among the developing count ...
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Banknote
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to ...
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