Unidad Educativa Particular

“SAINT DOMINIC SCHOOL”

Formamos personas nuevas para un mundo nuevo
SOCIAL STUDIES WORKSHEET No 5
Name: _____________________________________ Class: __________________ Date: ____________________

Skill with performance criteria: CS.3.1.50. To analyze the stage of the "banana boom", marked by the rise of the middle sectors and state organization.

THE BANANA BOOM IN

ECUADOR
In the late 1940s, banana
production and exports During the banana expansion
gave the Ecuadorian process, the middle class and the
economy a chance to grow. country's productive sectors,
Banana exports increased. particularly agricultural producers,
The country became the were strengthened. Entire families
world's leading producer. such as the Noboa Naranjo, Wong
Mayorga, Cañarte Barbero and
others, managed to establish true
agricultural empires.

Some of the benefits of the banana boom

were:
*Ecuador was inserted in international trade
Since 1948, Ecuador returned to *Diversification of the economy
the international market thanks to *The domestic market grew
banana exports to Europe and the *Construction of road and port infrastructure
United States. Ecuador ceased to *New technology
depend on cocoa since bananas *Sectors such as industrial fishing,
were produced on small farms, construction, agriculture, among others,
facilitating a better redistribution grew.
of export earnings. This would *Presence of multinationals
have positive consequences for the *Urban growth
country. *Expansion of the agricultural frontier