United Fruit Company was based in New Orleans |
Minor Keith grew his business and let it branch into different Central American countries. The most infamous example was Guatemala. United Fruit Company held a massive influence on the region. During the Great Depression, the company capped the workers' pay at 50 cents; the business ended up making twice the revenue of the Guatemalan government. With growing anti-American sentiment, in 1954 there was a coup d'état. The old Guatemalan government was replaced with a dictator that was backed by the United States. This coup was encouraged by the United Fruit Company since the old government wanted to kick the business out for exploiting their nation.
In 1978, Panama Disease (a type of root fungus) was introduced to the Pacific coast bananas which decimated the population. Since those bananas could no longer thrive on that side of the coast, they were replaced with palm oil plantations. Plus since most of the banana population was killed off, there was the creation of artificial banana flavoring. This flavoring was made from a different species of bananas. That's why bananas do not taste the same as their artificial flavoring.
Even though today the United Fruit Company has been disbanded into many smaller companies such as Dole and Chiquita, there are still remains of its presence.