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What countries have an oligarchy today? An oligarchy refers to rule by a small group of people. There are no true oligarchies. Bahrain, China, Cuba, Iran, Kuwait, North Korea, Philippines, Russia, Saudi Arabia, South Africa, Turkey, Ukraine, United Arab Emirates, United States, Venezuela and Zimbabwe have oligarchic qualities.
Oligarchy (from Ancient Greek ὀλιγαρχία (oligarkhía) 'rule by few'; from ὀλίγος (olígos) 'few' and ἄρχω (árkhō) 'to rule, command') [1] [2] [3] is a conceptual form of power structure in which power rests with a small number of people.
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.
An oligarchy is a form of government, just as a democracy or monarchy is. Here's how it works and a few examples of countries some say it applies to.
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 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. Contents show.
Oligarchy means "the rule of the few;" monarchy means "the rule of the one." Early societies became oligarchies as an outgrowth of an alliance between rival tribal chieftains, or as the result of a caste system.
In modern times, “oligarchy” is a term generally applied to China and Iran. China describes itself as a communist “people’s republic,” but leadership of the country has been maintained by a select few for several decades.
An oligarchy is a form of governance in which administrative power is vested in a select few people. The class of people in power is distinguished by wealth, family ties, nobility, military or religious control.
Oligarchy represents a leadership system where power is held and controlled by a few individuals. The term comes from the Greek word " oligarkhia" which translates to "ruled by a few". Aristotle was responsible for the using the term to refer to the ruling elite.