Question

According to aristotle when many well off people rule for amassing wealth the regime is a

Answer 1

According to Aristotle, when the well-off people of the country rule for amassing wealth the regime is called an oligarchy. 

Oligarchy is the form of government in which the wealth and power is accumulated in the hands of the rich people of the country. 

In this system, the rich get richer and the poor get poorer.

Answer 2

The form of governance where the wealth is amassed to the well-off people is termed as the Oligarchy according to Aristotle.

Explanation:

The well off people are high born of the society and are the people who are rich and well known across the country. When the government or the power to rule is vested to such people who are rich and known as the Oligacrhial form of governance. The wealth along with the country’s power is handed over to them.