What countries have oligarchy?

oligarchy

The word oligarchy comes from two greek words; oligo meaning few and arkhein meaning to rule. Hence, an oligarchy is a system where the power is in the hands of small elite group rather than a democracy where it is theoretically in the hands of all the people. It is now usually associated with abuse of power but that isn't realy the definition.

Therefore, you could argue that real power in the USA is held by a small elite rich group of people, making the USA an oligarchy but that might be deemd a political interpertation. Some people suggest that Soudi Arabia constitutes an oligarchy. The truth is that most contries are oligarchies because small elite groups control power and true democracies are rare.

A more universally acceptable answer to your question might be, Kazakhstan

First answer by ID3266341164. Last edit by ID3266341164. Question popularity: 18 [recommend question].