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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"
Add to word list. [ U ] the fact of a country being ruled or controlled by a small group of powerful people: The real difference between oligarchy and democracy is wealth. [ C ] a country or industry that is controlled by a small group of powerful people, or these people considered as a group:
Oligarchy is a term for a government in which power is held by a select few individuals or a small class of powerful people. This can mean that these few people are the actual leaders, or that they influence or control the decisions that the leaders make (that they’re the ones “ pulling the strings ” behind the scenes).
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 · 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.
Britannica Dictionary definition of OLIGARCHY. 1. [count] 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.
Definition of oligarchy noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
