Quick Answer: What Is The Best Definition Of An Oligarchy?

What are some examples of oligarchy?

Examples of this system include South Africa under apartheid, Liberia under Americo-Liberians, the Sultanate of Zanzibar, and Rhodesia, where the installation of oligarchic rule by the descendants of foreign settlers was primarily regarded as a legacy of various forms of colonialism..

What exactly is an oligarch?

More generally, an oligarch is a “member of an oligarchy; a person who is part of a small group holding power in a state”. Aristotle gave the concept of oligarchy some negative connotations, but the term does not necessarily imply wealth.

What are characteristics of oligarchy?

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.

Is aristocracy and oligarchy the same?

Aristocracy: Aristocracy refers to a power structure where the power is held by the nobility. Oligarchy: Oligarchy refers to a power structure where the power is held by a small group of people.

What is an oligarchy in sociology?

(noun) A type of business or government in which a small elite group holds power; government by the few. (noun) Any group under oligarchic control.

Who holds state power in an oligarchy?

A small group of people holds state power in an oligarchy. Oligarchy refers to a form of the power structure, in which a small group of people holds the power. This small group of people may be differentiated from others by their education, corporate, religious, wealth, nobility, political, and military control.

What is a synonym for oligarchy?

Words related to oligarchy autocracy, oppression, domination, cruelty, authoritarianism, despotism, totalitarianism, coercion, terrorism, absolutism, severity, monocracy, fascism, totality, imperiousness, high-handedness, unreasonableness, reign of terror, peremptoriness.

What are the two types of oligarchy?

What are two types of oligarchies? national and state.

What type of government is a oligarchy?

Oligarchy, meaning “rule of the few”, is a form of power structure in which power rests with a small number of people. These people might be distinguished by nobility, wealth, family ties, education or corporate, religious or military control.

Can an oligarchy be like a dictatorship?

An oligarchy can also mean that a few people control the country. … A junta often operates much like a dictatorship, except that several people share power.

How is a leader chosen in an oligarchy?

Answer and Explanation: The leaders of an oligarchy typically are not chosen as one would be in a democracy or a republic, rather they come from a position of wealth and…

Is America a corporatocracy?

Economist Jeffrey Sachs described the United States as a corporatocracy in The Price of Civilization (2011).

What are some advantages to an oligarchic form of government?

One of the main pros of oligarchy is that it puts power in the hands of people who are often experts and can make informed decisions for the populous or company. It therefore is more efficient than every single person being able to make decisions, and can often free up people to focus on their own work or lives.