steventelfair steventelfair

01-07-2024
Social Studies

Answered

When a government is controlled by the wealthy, it is known as:

A. an oligarchy
B. a democracy
C. a technocracy
D. a dictatorship

Answer :

GinnyAnswer GinnyAnswer

01-07-2024

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.

Learn more about Forms of government and political systems here:

https://brainly.com/question/3511208

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