How does an oligarchy impact infrastructure development?

An oligarchy can impact infrastructure development in several ways. Firstly, in an oligarchy, power and decision-making are concentrated in the hands of a few wealthy individuals or a small elite group. This concentration of power can lead to a lack of transparency and accountability in infrastructure projects, as decisions may be made based on personal interests rather than the needs of the general population.

Secondly, an oligarchy may prioritize infrastructure projects that benefit their own interests or those of their close associates, rather than focusing on the overall development and welfare of the society. This can result in unequal distribution of resources and infrastructure development, with certain regions or groups receiving preferential treatment while others are neglected.

Additionally, an oligarchy may hinder competition and innovation in infrastructure development by favoring certain companies or individuals who are aligned with the ruling elite. This can lead to a lack of diversity in infrastructure projects and limited opportunities for new players to enter the market, ultimately stifling progress and hindering the overall development of infrastructure.

Overall, an oligarchy's impact on infrastructure development is often characterized by a lack of transparency, unequal distribution of resources, and limited competition, which can hinder the overall progress and effectiveness of infrastructure projects.