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What is the difference between oligarchy and monarchy?

Oligarchy is a form of government where power is held by a small group of people, while monarchy is a form of government where power is held by a single ruler, usually a king or queen.


Which country is known to have an oligarchy in its government system?

Russia is known to have an oligarchy in its government system.


How is an oligarchy different from a monarchy in terms of governance and power distribution?

An oligarchy is a form of government where power is held by a small group of people, often based on wealth or social status. In contrast, a monarchy is a form of government where power is held by a single ruler, usually a king or queen. In an oligarchy, decision-making is shared among the ruling group, while in a monarchy, the ruler has ultimate authority.


What is financial oligarchy?

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.


How does oligarchy differ from representative?

An oligarchy is a form of government where power is concentrated in the hands of a few individuals or a small group, typically the wealthy or influential. Representative democracy, on the other hand, is a form of government where citizens elect representatives to make decisions on their behalf. In an oligarchy, power is held by a select few, while in a representative democracy, power is delegated to elected officials to represent the interests of the people.

Related Questions

A system of government in which a small group holds power?

oligarchy


What is the difference between an autocracy and an oligarchy?

An autocracy is a government in which a single person holds unlimited political power. An oligarchy is a government in which the power to rule is held by a small, usually self-appointed elite.


A system of government which a small group holds power?

Govern. by smalll group of people...oligarchy.


Which of these describes an oligarchy?

A small group of people holds the power to rule


A government in which few people have power is called what?

An oligarchy is "a government in which power is in the hands of a few."


A government in which only the privileged few had the power is a?

An oligarchy is characterized by a small group of people controlling a government. Both Russia and the United States are considered by some to have traits of an oligarchy.


What is the difference between oligarchy and autocracy?

An autocracy is a form of government in which a single person holds unlimited political power, but an oligarchy is a form of government in which the power to rule is held by a small, usually self appointed elite.


What form of government only a few people rule?

An oligarchy is a form of government in which few people hold power.


What is the name of the form of government where power is held by a small group of people?

Oligarchy An oligarchist is someone who supports Oligarchy.


Who has economic power in a oligarchy theocracy government?

single


What Government in which only a few people have power is called?

An oligarchy is "a government in which power is in the hands of a few."


What government is ruled by a small group?

oligarchyOligarchy is the form of government. This is the form that only few people rule.