OLIGARCHY

Oligarchy

Oligarchy is a form of power structure in which power effectively rests with a small number of people. These people could be distinguished by royalty, wealth, family ties, education, corporate, or military control. Such states are often controlled by a few prominent families who typically pass their influence from one generation to the next. But inheritance is not a necessary condition for the application of this term.

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oligarchy

Noun

  1. A government run by only a few, often the wealthy.
  2. Those who make up an oligarchic government.
  3. A state ruled by such a government.


The above text is a snippet from Wiktionary: oligarchy
and as such is available under the Creative Commons Attribution/Share-Alike License.

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