ENTREPRENEURSHIP

Detailed explanation-1: -Absolute monarchy (such as Saudi Arabia, the United Arab Emirates, Oman, Brunei and Eswatini) and dictatorships are the main modern day forms of autocracy. Oligarchy, meaning “rule of the few", is a form of power structure in which power rests with a small number of people.

Detailed explanation-2: -An autocracy is a form of government in which one ruler has absolute control and decision-making power. Autocracies have existed since ancient times, when kings and emperors ruled over great countries and tribal lands, and they exist today in the form of absolute monarchies and dictatorships.