Etymology
Meaning and Origin
Oligarchy is a form of government in which a small group of individuals exercises political power over a society.
Origin
The concept of oligarchy has been recognized since ancient Greece. In Greek city-states, oligarchies were common forms of government. These oligarchies were typically composed of wealthy landowners or merchants who controlled political and economic life.
Use
The term "oligarchy" has been used to describe various forms of government throughout history. In modern times, it is often used to refer to governments where a small, powerful elite dominates political decision-making and controls access to resources. Oligarchies can arise in different ways, including:
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