Who has the power in an oligarchy?

Answer 1

An oligarchy is a form of government in which all power is vested in a few people or in a dominant class or clique. The people in charge have a large amount of land , family has power , or the can have a large amount of money. Sometimes the people in charge are elected other times they are born into their positions ( if their parents were in charge at one time ).

Answer 2

Oligarchy is a form of power structure in which power rests with a small number of people, either by royalty, wealth, family ties, corporate control, and military control.

The former Soviet Union was an oligarchy where members of the Communist Party were over-privileged.

South Africa was an oligarchy under apartheid.

Currently, Mexico is an oligarchy due to the severe inequality in wealth distribution.

It is argued that North Korea is an oligarchy because power is inherited.

Sri Lanka is observed to be an emerging oligarchy under the Rajapaksa family members, who hold hundreds of the country's governmental positions.

Answer 3

And oligarchy is led by the richest and most influential political elites. Those who attend the top universities or have a political legacy in their family get to rule the country under a oligarchy.

Answer 4

In an oligarchy government, the noblest and wealthiest of the population vote on political matters. The word "oligarchy" comes from a Greek term meaning "few rule".

SHORT ANSWER-A group of a dominant class (the rich/wealthy), then they make all of the decisions. Then when the economy (if not rich) limit the group in government and the noblest and richest vote again.