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Oct 19, 2023 · Learn about oligarchy, a form of government ruled by a few persons or families, with examples from China and Iran. See images of the leaders and institutions of these countries.
4 days ago · 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
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Nov 14, 2019 · EITAN ABRAMOVICH / Getty Images. By. Robert Longley. 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.