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Oct 19, 2023 · Oligarchy is a form of government in which a small group of people hold most or all political power. Grades. 5 - 8. Subjects. Religion, Social Studies, Civics. Image. Iranian Supreme Leader Ayatollah Ali Khamenei. At times, other nations refer to Iran as an oligarchy, a derogatory term for governments ruled by a few individuals.
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.
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 ...
May 23, 2018 · In contemporary society, oligarchy refers to any small, cohesive class or group that is in a position to make decisions or command others in either political or nonpolitical contexts.
Most classic oligarchies have resulted when governing elites were recruited exclusively from a ruling class, which tends to exercise power in its own interest. The term is considered outmoded today because “few” conveys no information about the nature of the ruling group. Aristotle Summary.
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. : an organization under oligarchic control.
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. The term was used by Aristotle to refer to despotic power exercised by a small and privileged group for often corrupt or selfish purposes.
