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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.
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.
May 23, 2018 · The term oligarchy refers to a form of government in which political power is in the hands of a small minority. The word oligarchy derives from the Greek word oligarkhia (government of the few), which is composed of oligoi (few) and arkhein (to rule).
Oligarchy (Greek Ὀλιγαρχία, Oligarkhía, from óligon, “few,” and arkho, “rule” ) is a form of government in which political power effectively rests with a small, elite segment of society.
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.
Political system - Autocracy, Democracy, Oligarchy: The most important type of political system in the modern world is the nation-state. The world today is divided territorially into more than 190 countries, in each of which a national government claims to exercise sovereignty—or the power of final authority—and seeks to compel obedience to ...
oligarchy , Rule by the few, often seen as having self-serving ends. Aristotle used the term pejoratively for unjust rule by bad men, contrasting oligarchy with rule by an aristocracy. Most classic oligarchies have resulted when governing elites were recruited exclusively from a ruling class, which tends to exercise power in its own interest.
