Answer :

Final answer:

Oligarchy is a form of government controlled by a small elite group, typically wealthy and powerful individuals, differing from a democracy where power is held by the majority of citizens.


Explanation:

Oligarchy is a form of government in which power effectively rests with a small elite segment of society, often distinguished by royalty, wealth, family, military, or religious hegemony. This small group holds the ruling power, and examples include political families and wealthy individuals. An oligarchy differs from a democracy in that power is concentrated in the hands of a few elite members.


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