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The common term used to describe the Latin American countries whose economies were indirectly controlled by the United Fruit Company is "banana republics." This term refers to nations that are politically unstable and economically dependent on a single export commodity, typically bananas in this context, leading to foreign corporate influence and intervention in domestic affairs. The United Fruit Company's practices often resulted in significant political and social repercussions in these countries.
What else can I help you with?
What was the common in eastern bloc nations?
Controlled economies were common in eastern bloc countries.
What countries have controlled economy?
Cuba, China, and North Korea are all countries with controlled economies.
What countries have a controlled economy?
If you are talking about countries, then there are lots of countries that have a controlled economic system, such as Venezuela, China, and Russia. Some economies have more government control than other and none are completely government controlled, except N. Korea perhaps.
Which of the following statements about foreign companies in Latin America was true?
Foreign companies often controlled the economies of Latin American countries
What was common in the eastern bloc?
controlled economies
What was common in eastern bloc national?
controlled economies
Why are most economies refered to as mixed economies?
poverty is always higest in countries with market economies
Why are most economies referred to as mixed economies?
poverty is always higest in countries with market economies
Two countries with market based economies?
There are several countries that have a market based economies. France and England are two countries that have this type of economy.
Why are most modern economies referred as mixed economies?
poverty is always higest in countries with market economies
What countries have open economies?
the UK
Why does the IMF impose on its loans?
To help manage the economies of struggling countries
