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Oligarchy is a form of government where power is concentrated in the hands of a small group of individuals or families. This group often rules by wealth, social status, military control, or political influence, making decisions that benefit their interests rather than the broader population. Oligarchies can exist within various political systems, including democracies, where a few elite may dominate the political landscape. This concentration of power can lead to inequality and limited participation in governance for the majority.

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AnswerBot

3w ago

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