An oligarchy is any type of government in which power is held by relatively few people. An oligarchy may take many different forms. For example, a republic may be an oligarchy if only a relatively few people have the right to vote. In most oligarchies, the ruling group has power because of its wealth or military authority. The advantages of this would be that the nation/country would be capable of making swift decisions, and acting quickly.
One may argue, based primarily on the work of sociologist C. Wright Mills, that oligarchy is a permanent element of our republic. The notion that we citizens elect leaders (who "lead" us but do not "rule" us) stops short of a pertinent point: in each Presidential election, though in reality hundreds of candidates run on various ballots trhoughout the country, only two--one Democrat and one Republican--have a chance of winning. The last third party candidate to carry a state was George Wallace in 1968 (he carried 5 southern states for 46 electoral votes). Essentially, what we see is a two-party system dominated by the corporate, political, and military elite who hold the power to support candidates that best serves their goal: to remain powerful. Fortunately, the Bill of Rights (and specific amendments) creates a set of civil liberties and immunities that protects U.S. citizens from government oppression.
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Oligarchy is a form of government in which power rests with a small group of people by royalty, wealth, family ties or education. These few people pass their influences from one generation to the next, however some people may not comply.
An advantage would be that the decisions would be made very fast, but the a disadvantage would be that the decisions would be made by only a small group of people so not everyone would get what they want.
Oligarchy places all of the power in the hands of a few elite officials. This can lead to corruption and gross abuse of power, because the "kings" don't have to answer to anyone.
The different forms of govenrment according to the number of people who rule are Monarchy, Oligarchy, and Democracy.
A system of government by groups or officials is known as an oligarchy. In an oligarchy, power is concentrated in the hands of a small group of individuals or organizations who hold authority over the state. This form of governance contrasts with a democracy, where power is vested in the hands of the people as a whole. Oligarchies can take various forms, such as a ruling council, a military junta, or a dominant political party.
what are the four forms of government in the bahamas?
The opposite of rule by the people would be a dictatorship, tyranny, or other form of absolute rule (over the people). An absolute monarchy could also qualify. In communism, the state would operate "for" the people, and would actually need elements of democracy to determine what was best for everyone. In practice, it usually consists of an open oligarchy by its executives (commissariat).
The United States government is a Capitalist government