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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.
The consolidation of power by a dominant religious or ethnic minority can be considered a form of oligarchy. [5] Examples include South Africa during apartheid, Liberia under Americo-Liberians, the Sultanate of Zanzibar [citation needed], and Rhodesia. In these cases, oligarchic rule was often tied to the legacy of colonialism. [5]
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 greatest example of oligarchy in history is probably the Kingdom of France, which was overthrown by the masses when the elites took their wealth and disassociated themselves from mainstream French concerns. In modern times, the most cited example of an oligarchy is Russia.
Examples of oligarchy. Because oligarchy is often used as a derogatory term for a corrupt government, several countries have been described as such throughout history. The term oligarch has...
Types of oligarchy. Oligarchy is actually an umbrella term that encompasses at least 13 specific variations of "rule of the few." For example, an aristocracy is an oligarchy in which the ruling class is made up of aristocrats or nobles.
What is Oligarchy? Oligarchy is a form of government where power effectively rests with a small number of people. These people could be distinguished by royalty, wealth, family ties, education, corporate, religious, or military control.
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.
What is an example of an oligarchy? An oligarchy refers to any country in which a few individuals are responsible for making governing decisions on behalf of the nation.
A modern example of oligarchy, based on race, could be seen during the twentieth century in South Africa in the apartheid system, which became official government policy in 1948 and lasted until the democratic election of a government dominated by the black majority in 1994.