Since the plantations were established in the region, it has had many negative and positive impacts on the life of the people. It has some economic, social and political impacts in the region. The plantation economic has affected not only the economic situation of the people and of the region but it has also affected the social life of the native population and other immigrants who came to the region as laborers. On an economic note, these plantations have been crucial in the development of the economy of the region.
Going with the international trade theories, they have helped the region to capitalize on the agriculture resource that they have which has helped to build a strong economy. For examples, the region is known as the leading exporter of some products like bananas to the world. It is also a known producer of sugar and coffee in the world market. (Vandermeer and Perfecto, 1995) The plantations have also led to the development of regions which has helped to influence the growth of the region. For example, the Costa Rican City of Quests was developed as a major Pacific in the 1930s mainly to handle banana export to another region.
There has been also the development of other cities and towns which have become the main collection points of these products. This has been a large contribution to the growth of the economy in the region. It has also been shown that most of the countries in the region have been able to develop industrialized economies based on the agrarian resource that they have been able to acquire from the plantations.
For example, Costa Rica has been developing and an industrialized economy based on its earlier development of the agrarian-based economy which collapsed in the 1930s. The agrarian economy has been a good incentive for the development of the industrialized economy. (Mora, 1998) They have also been a source of employment in the region. It has been shown that banana plantation employs about 5 to 10 percent of the population of Honduras and Costa Rica. This has been one of the most important sectors that have been a contribution to employment opportunity in the region.
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