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  2. Apr 2, 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.

    • The Editors of Encyclopaedia Britannica
  3. en.wikipedia.org › wiki › OligarchyOligarchy - Wikipedia

    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.

  4. 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.

  5. oligarchy. noun. ol· i· gar· chy ˈä-lə-ˌgär-kē ˈō- plural oligarchies. Synonyms of oligarchy. 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.

  6. Oct 19, 2023 · 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.

  7. 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.

  8. 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:

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