ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Dictatorship. Power in a dictatorship is held by a single person (or a very small group) that wields complete and absolute authority over a government and population.

Detailed explanation-2: -dictatorship, form of government in which one person or a small group possesses absolute power without effective constitutional limitations.

Detailed explanation-3: -Oligarchy. Oligarchy, meaning “rule of the few", is a form of power structure in which power rests with a small number of people. These people might be distinguished by nobility, wealth, family ties, education or corporate, religious or military control.

Detailed explanation-4: -Definitions of dictatorship. a form of government in which the ruler is an absolute dictator (not restricted by a constitution or laws or opposition etc.) synonyms: Caesarism, Stalinism, absolutism, authoritarianism, despotism, monocracy, one-man rule, shogunate, totalitarianism, tyranny. types: police state.