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(B) The term 'Oligarchy' refers to a form of power structure in which power rests with a small number of people. These people may be distinguished by

Vedclass · Accepted Answer

Oligarchy

Vedclass · Answer

(B) The term 'Oligarchy' refers to a form of power structure in which power rests with a small number of people. These people may be distinguished by nobility,wealth,education,or corporate,religious,or military control.- 'Monarchy' is a form of government with a monarch at the head.- 'Plutocracy' is a society that is ruled or controlled by people of great wealth.- 'Autocracy' is a system of government by one person with absolute power.Therefore,the correct option is $B$.

Choose the appropriate word which can be substituted for the given sentence: 'State in which the few govern the many'.

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