Political Institutions Constitutional Law Questions
The concept of oligarchy in political institutions refers to a form of government where power is concentrated in the hands of a small group of individuals or a ruling elite. In an oligarchy, this small group typically holds significant influence and control over political decision-making, often at the expense of the broader population. Oligarchies can be characterized by limited political participation, restricted access to power, and a lack of accountability to the general public. This form of governance is often associated with inequality, corruption, and the perpetuation of elite interests.