OLIGARCHY

Definition

a form of government where  power is in a group of people or in a dominant class

Pros and Cons

Pros:

Power is delegated to experts of each field

Allows most people to worry about their own personal lives and not about their society

Cons:

Unfair power distribution between rich and poor

Some people may want to overthrow the government system

Quotes

"An oligarchy of race, where the Saxon rules the African, might be endured; but this oligarchy of sex which makes father, brothers, husband, sons, the oligarchs over the mother and sisters, the wife and daughters of every household... carries discord and rebellion into every home of the nation."

- Susan B. Anthony

"Our authorities leave us no doubt that the trust lodged with the oligarchy was sometimes abused, but it certainly ought not to be regarded as a mere usurpation or engine of tyranny."

- Henry James Sumner Maine

Countries

China and Venezuala

Bibliography

http://dictionary.reference.com/browse/oligarchy

http://useconomy.about.com/od/US-Economy-Theory/fl/Oligarchy.htm

http://www.brainyquote.com/quotes/keywords/oligarchy.html

http://study.com/academy/lesson/forms-of-government-monarchy-democracy-oligarchy-more.html

http://www.whatdoesitmean.com/index1816.htm

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