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Since Plutocracy is a government ran by the wealthy, there could be a few disadvantages but also there could be some advantages, also.
Disadvantages:
Wealthy People running a government can be a bad idea. They could make people pay more money for taxes, and they could make people pay more for cars and anything in stores.
Advantages:
Wealthy people running a government could also be a good idea. Knowing that wealthy people can cherish their money and not want to give it away, they could higher people to make money for them so that there will be less taxes and more money towards employed people.
Wiki User
∙ 12y ago
Christy Brophy
The ruling and rich classes have power.
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Type of government controlled by a few wealthy people?
An oligarchy is a government controlled by a small group of wealthy landowners and corporate leaders.
What is it when rich people rule?
An oligarchy
What is the term for a government ruled by a small group of noblelandowning families?
Modern depictions of aristocracy tend to regard it not as a legitimate aristocracy (rule by the best), but rather as a plutocracy (rule by the rich).
What are the advantages and disadvantages of the battle of Yorktown?
what is the advantages and disadvantages of the battle of yorktown?
What are advantages and disadvantages of the system of patronage?
The system of patronage has very distinct advantages and disadvantages. The advantages are that you have a boss that looks after you and takes care of the problems and issues in everyday life. The disadvantages are that you are always commanded, patronized and have very little independence.
How do you use plutocracy in a sentence?
California is much closer to a plutocracy than a grass-roots democracy
What is the system of government where a few wealthy people hold power over the larger group?
Oligarchy is government by the few. Plutocracy is government by the wealthy few.
Plutocracy is to wealth as autocracy is to?
Dictatorsbip
Who is said to rule in plutocracy?
the wealthy
What is plutocracy?
a government ruled by the wealthy
What is a government composed of the wealthy class?
Plutocracy
What are some example of countries that have plutocracy?
BRUNEI
How do you use the word plutocracy in a sentence?
When you say it's a "rule of the rich", as in the Golden Rule (he who has the gold, rules)."This plutocracy keeps the poor aware of everything...or not."
Type of government controlled by a few wealthy people?
An oligarchy is a government controlled by a small group of wealthy landowners and corporate leaders.
Who rule plutocracy?
A government run and controlled by the wealthy.
Who rules in plutocracy?
A government run and controlled by the wealthy.
What is it when rich people rule?
An oligarchy
