What is the best definition of an oligarchy?

What is the best definition of an oligarchy?

Oligarchy (from Greek ὀλιγαρχία (oligarkhía); from ὀλίγος (olígos) ‘few’, and ἄρχω (arkho) ‘to rule or to command’) is a form of power structure in which power rests with a small number of people.

What is a oligarchy government?

Oligarchy is a form of government in which a small group of people hold most or all political power.

What is an example of oligarchy?

Examples of a historical oligarchies are Sparta and the Polish-Lithuanian Commonwealth. A modern example of oligarchy could be seen in South Africa during the 20th century. Here, the basic characteristics of oligarchy are particularly easy to observe, since the South African form of oligarchy was based on race.

What does the term oligarchy mean quizlet?

rule by the few

What are the characteristics of an oligarchy?

Coming from the Greek word oligarkhes, meaning “few governing,” an oligarchy is any power structure controlled by a small number of people called oligarchs. Oligarchs may be distinguished and related by their wealth, family ties, nobility, corporate interests, religion, politics, or military power.

Which countries are oligarchy?

Several nations still use oligarchy in their governments, including:

  • Russia.
  • China.
  • Saudi Arabia.
  • Iran.
  • Turkey.
  • South Africa.
  • North Korea.
  • Venezuela.

What are the two types of oligarchy?

The correct answer is D (theocracy and communism) because the definition of an oligarchy is when a group of people rules over a majority.

What are the disadvantages of oligarchy?

List of the 5 Cons of an Oligarchy

  • It encourages income inequality. Although the ruling class doesn’t need to be reach for an oligarchy to exist, wealth does tend to go more toward the rulers than the workers.
  • It inhibits growth over time.
  • It can disrupt the economy.
  • It can be restrictive.
  • It creates puppet leaders.

Is an oligarchy like a dictatorship?

An oligarchy can also mean that a few people control the country. A junta often operates much like a dictatorship, except that several people share power.

Is America a plutocracy?

According to Kevin Phillips, author and political strategist to Richard Nixon, the United States is a plutocracy in which there is a “fusion of money and government.”

What is similar to oligarchy?

synonyms for oligarchy

  • authoritarianism.
  • autocracy.
  • coercion.
  • cruelty.
  • despotism.
  • domination.
  • oppression.
  • totalitarianism.

What is the difference between oligarchy and democracy?

Oligarchy vs Democracy Oligarchy is a ruling system in which only a few number of privileged people get the power over ruling and decision-making in a political system. Democracy, in contrast, is a political system where general public gets the opportunity to select the suitable candidates for the power.

What is the difference between oligarchy and tyranny?

As nouns the difference between tyranny and oligarchy is that tyranny is a government in which a single ruler (a tyrant) has absolute power; this system of government while oligarchy is a government run by only a few, often the wealthy.

What are three forms of an oligarchy government?

Oligarchy exists in different forms such as aristocracy, plutocracy, kratocracy, stratocracy, timocracy, meritocracy, technocrachy, geniocracy, noocracy, theocracy, kritarchy and patricracy.

What are some characteristics of an oligarchy?

Oligarchy, government by the few, especially despotic power exercised by a small and privileged group for corrupt or selfish purposes. Oligarchies in which members of the ruling group are wealthy or exercise their power through their wealth are known as plutocracies.

What country is an oliGarchy?

One of the most well-known oligarchies is Russia. An oligarchy has ruled Russia since the 1400s. Those who are wealthy in Russia have to maintain contacts within the government or lose their power.

What is Anarchism?

Anarchism is a political philosophy and movement that is sceptical of authority and rejects all involuntary, coercive forms of hierarchy. Anarchism calls for the abolition of the state, which it holds to be undesirable, unnecessary, and harmful. Various anarchist schools of thought formed during this period.

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