Respuesta :

rule by a few in a government or organization.


Oligarchy restricts the people who can be in control or rule by restricting requirements to the rule.


In a oligarchical government, the elite are typically the only that can rule. In many early democracies, the citizenship was restricted to the educated and wealthy and therefore were oligarchies with democratic powers. Many organizations are run as an oligarchy with board members in charge of decision making.

An ‘Oligarchy’ can be best defined as a government which is ruled by small number of people or by an Elite group of wealthy people.

Further Explanation:

The word ‘Oligarchy’ is a Greek word and is used in general form in Greek Government. This word is used as general form that means a government which is run by few people or just one family is called Oligarchy. This word is also used for the people who enjoy monopoly of political control. Initially, when this word came into existence, it was associated with a particular social and political regime and with intellectual modes. In the early 20th century Robert Michaels developed the theory that democracies, as all large organizations, have a tendency to turn into oligarchies. Use of this word has significantly reduced in recent centuries.

Learn more:

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Answer details:

Grade: High School

Subject: History

Chapter: Oligarchy

Keywords:

Oligarchy, Greek, Greek Words, Greek Government, Political Control, Government, Monopoly, Political Regime, Social Regime.