What Is an Oligarchy?
In short, an oligarchy is system of government where just a relative few people are in control over the rest of the population. Those at the top are often a family, or just a few families, but that is not always the case. At other times, it might be a number of otherwise unconnected business people that exert power over the people due to their vast wealth.
Oligarchies are often oppressive, but not always. They can be compatible with different forms of government, ranging from fascism, to communism, and even democracies. There have been various examples of oligarchies throughout history, while there are still examples of oligarchies in existence today.
