An oligarchy is best defined as
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a small group of elite people having control of a country or may be an organization. The word Oligarchy has been derived from a Greek word. Oligarchy actually signifies a power structure in which a very small group of people command a country or a company sitting at the top of the ruling chain.
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In the sense of a noun,it means-:
♟A small group of people having control of a country or organization.
♟It is a form of power structure in which power rests with a small number of people.These people may be distinguished by family ties,wealth,nobility, education,etc.
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In the sense of a noun,it means-:
♟A small group of people having control of a country or organization.
♟It is a form of power structure in which power rests with a small number of people.These people may be distinguished by family ties,wealth,nobility, education,etc.
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