What type of government is a oligarchy?

What type of government is a oligarchy?

Oligarchy, meaning "rule of the few", is a form of power structure in which power rests with a small number of people. These people might be distinguished by nobility, wealth, family ties, education or corporate, religious or military control.

What is government by the wealthy?

A plutocracy (Greek: πλοῦτος, ploutos, 'wealth' and κράτος, kratos, 'power') or plutarchy is a society that is ruled or controlled by people of great wealth or income. ... Unlike systems such as democracy, liberalism, socialism, communism or anarchism, plutocracy is not rooted in an established political philosophy.

What is the meaning of oligarchs?

1 : government by the few The corporation is ruled by oligarchy. 2 : a government in which a small group exercises control especially for corrupt and selfish purposes a military oligarchy was established in the country also : a group exercising such control An oligarchy ruled the nation.

What does kleptocracy mean?

Kleptocracy (from Greek κλέπτης kléptēs, "thief", κλέπτω kléptō, "I steal", and -κρατία -kratía from κράτος krátos, "power, rule") is a government whose corrupt leaders (kleptocrats) use political power to appropriate the wealth of their nation, typically by embezzling or misappropriating government funds at the ...

Where does the word oligarchy come from?

The first records of the word oligarchy come from the 1570s. It comes from the Greek oligarchía and is formed from oligo-, meaning “few,” and -archy, meaning “rule” (the same ending is used in words like monarchy and anarchy). The word oligarchy does not imply a specific political doctrine or philosophy.

What is an antonym for oligarchy?

Opposite of a government in which a single ruler (a tyrant) has absolute power. democracy. liberality. ease.

How can I get rich from the government?

There are many layers of “government,” and some of them make money available for certain very specific purposes so let's look at seven examples:

  1. Unclaimed Money. ...
  2. Down Payment Assistance on a Home. ...
  3. Help Paying Utility Bills. ...
  4. SBA Business Loans. ...
  5. College Grants. ...
  6. Health Insurance Subsidies. ...
  7. Federal Work-Study.

What does plutocracy mean in government?

Plutocracy is a government-controlled exclusively by the wealthy, either directly or indirectly. A plutocracy allows, either openly or by circumstance, only the wealthy to rule.

How small businesses affect the economy?

Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established. Small businesses also help stimulate economic growth by providing employment opportunities to people who may not be employable by larger corporations.