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Nov 14, 2019 · Updated on November 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:
Oct 19, 2023 · Vocabulary. Broadly speaking, an oligarchy is a form of government characterized by the rule of a few persons or families. More specifically, the term was used by Greek philosopher Aristotle in contrast to aristocracy, which was another term to describe rule by a privileged few.
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:
Mar 10, 2023 · The general definition of an oligarchy is a form of government involving the rule of a few persons or families. According to National Geographic, Greek philosopher...
noun. government by a small group of people. a state or organization so governed. a small body of individuals ruling such a state. a small clique of private citizens who exert a strong influence on government. oligarchy. A system of government in which power is held by a small group. Discover More.
a : a country, business, etc., that is controlled by a small group of people. Their nation is an oligarchy. b : the people that control a country, business, etc. An oligarchy rules their nation. 2. [noncount] : government or control by a small group of people. The corporation is ruled by oligarchy.