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Pros of plutocracy include the potential for efficient decision-making, as wealthy individuals often have the resources and influence to implement policies quickly. It may also lead to greater investment in economic growth and innovation, as affluent individuals or corporations can fund projects and initiatives. Additionally, proponents argue that those with financial success may possess valuable expertise and experience in managing resources effectively. However, these advantages often come with significant drawbacks, such as increased inequality and diminished democratic participation.
What else can I help you with?
How do you use plutocracy in a sentence?
California is much closer to a plutocracy than a grass-roots democracy
What is the system of government where a few wealthy people hold power over the larger group?
Oligarchy is government by the few. Plutocracy is government by the wealthy few.
Plutocracy is to wealth as autocracy is to?
Dictatorsbip
Who is said to rule in plutocracy?
the wealthy
What is plutocracy?
a government ruled by the wealthy
What is a government composed of the wealthy class?
Plutocracy
What are some example of countries that have plutocracy?
BRUNEI
Type of government controlled by a few wealthy people?
An oligarchy is a government controlled by a small group of wealthy landowners and corporate leaders.
How do you use the word plutocracy in a sentence?
When you say it's a "rule of the rich", as in the Golden Rule (he who has the gold, rules)."This plutocracy keeps the poor aware of everything...or not."
Who rules in plutocracy?
A government run and controlled by the wealthy.
Who rule plutocracy?
A government run and controlled by the wealthy.
What is it when rich people rule?
An oligarchy
