What are the pros and cons of oligarchy?


There are a few pros and cons of oligarchy. One pro is that a person's status is not based on their royal ancestry. However, oligarchy is a small corrupt group whose members make unfair decisions to maintain their positions, which is a con.
Q&A Related to "What are the pros and cons of oligarchy?"
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Oligarchy means ruled by the few, as opposed to democracy, which is ruled by the people, and autocracy, ruled by one. Usually an Oligarchy is ruled by a privileged or wealthy group.
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