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A financial oligarchy would be a system of government where power rests in the hands of an elite but wealthy few.
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∙ 12y ago
Financial oligarchy is a system where a small, elite group of individuals or institutions control a large portion of a nation's wealth and influence its economic policies. This concentration of wealth and power can lead to inequality, corruption, and disproportionate influence over government decisions.
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What is a bad thing about an oligarchy?
A bad thing about an oligarchy is that power is concentrated in the hands of a small group of people, leading to potential inequality, limited representation for the broader population, and reduced accountability of those in power.
Who ruled Oligarchy?
In an oligarchy, a small group of individuals, often wealthy or powerful, hold political control. This group can consist of aristocrats, military leaders, or other elite members of society. Decisions and policies in an oligarchy are typically made by this select few rather than the broader population.
How were oligarchy and aristocracy similar?
Oligarchy and aristocracy were similar in that both were forms of government where power was concentrated in the hands of a few individuals or families. In an oligarchy, power was usually held by a small group of wealthy or well-connected individuals, while in an aristocracy, power was typically held by a hereditary ruling class of nobles or elites. Both systems often limited political participation to a privileged few and could lead to inequality and social unrest.
What are the strengths of oligarchy?
Some strengths of oligarchy include efficient decision-making, stability in governance, and the potential for expertise and competence among a select few individuals in power.
Who holds power in an oligarchy government?
helllllllllllllllllllllllllllllllllllo
Why should people want to have oligarchy?
An oligarchy is a type of government where the rich get richer and the poor get poorer. The definition of an oligarchy is rule by the few, usually a wealthy or privileged group of people. People may want to have an oligarchy because decisions are made quickly, there is expert leadership that avoids the rule of one monarch or dictator, rulers are well-educated, and oligarchs work together to rule more effectively. The Mafia are an oligarchy. So are unregulated financial institutions.
What was Corinth's oligarchy?
it was an oligarchy
A system of government which a small group holds power?
Govern. by smalll group of people...oligarchy.
Is Brazil a oligarchy?
no brazil is not a oligarchy
What is the country for oligarchy?
what is the country for oligarchy
What describes an oligarchy?
An oligarchy is an elite group of men(never women) that control city-states. Oligarchy was usually greedy and harsh, and citizens and mercenaries, or Hoplytes (hOp-Lights) eventually overthrew the elite group and which became Tyranny.
What are the antonyms for oligarchy?
Monoarchy is the antonym of oligarchy.
Is an oligarchy government limited or unlimited?
Oligarchy is unlimited.
What is it when rich people rule?
An oligarchy
What form of government was used by the Spartans?
Oligarchy
Rule by a few powerful people?
An oligarchy.
What was the name of Spartas government?
Sparta's government was an oligarchy. An oligarchy is where a few citizens have a say in the government.
