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- DictionaryOl·i·gar·chy/ˈäləˌɡärkē/
noun
- 1. a small group of people having control of a country, organization, or institution: "the ruling oligarchy of military men around the president"
Oligarchy (from Ancient Greek ὀλιγαρχία (oligarkhía) 'rule by few'; from ὀλίγος (olígos) 'few', and ἄρχω (árkhō) 'to rule, command') is a conceptual form of power structure in which power rests with a small number of people.
May 31, 2024 · 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.
1. : government by the few. The corporation is ruled by oligarchy. 2. : a government in which a small group exercises control especially for corrupt and selfish purposes. a military oligarchy was established in the country. also : a group exercising such control. An oligarchy ruled the nation. 3. : an organization under oligarchic control.
Nov 14, 2019 · An oligarchy is a power structure made up of a few elite individuals, families, or corporations that are allowed to control a country or organization. This article examines the characteristics of oligarchies, their evolution, and how common they are today.
a small group of very powerful people that controls a government or society: The powerful socio-economic oligarchy tried to preserve its privileged status. The country is run by a self-selecting oligarchy with little regard for the rules of law and natural justice. [ C ] a country with a government that is an oligarchy:
Oligarchy definition: a form of government in which all power is vested in a few persons or in a dominant class or clique; government by the few.. See examples of OLIGARCHY used in a sentence.
Mar 10, 2023 · An oligarchy is a form of government, just as a democracy or monarchy is. Here's how it works and a few examples of countries some say it applies to.
