GENERAL KNOWLEDGE

Detailed explanation-1: -An Oligarchy Government is a government ruled by a few individuals. In other words, it is a form of government in which a small group of people holds all the power. Example: Ancient Rome, South Africa when it was ruled only the whites.

Detailed explanation-2: -The main difference between the two is the basis for the ruling class’s power. When aristocrats rule, they do so because of their inherited social class. In an oligarchy, people rule because of wealth or land ownership. In some Greek city-states, an oligarchy replaced aristocratic rule.