What is the term for a system of government in which power is held by a small group of people?
A.
Oligarchy
B.
Monarchy
C.
Theocracy
D.
Democracy
Correct Answer: Oligarchy
Explanation
An oligarchy is a system of government in which power is held by a small group of people. This can be contrasted with a democracy, where power is held by the people, or a monarchy, where power is held by a single individual.
An oligarchy is a system of government in which power is held by a small group of people. This can be contrasted with a democracy, where power is held by the people, or a monarchy, where power is held by a single individual.
