SSC MTS EXAM

Detailed explanation-1: -In modern times, “oligarchy” is a term generally applied to China and Iran. China describes itself as a communist “people’s republic, ‘’ but leadership of the country has been maintained by a select few for several decades.

Detailed explanation-2: -Oligarchies are not the most common form of government. The most common form of government in the world today is democracy. Oligarchies were once more common in the past. Mass movements towards decolonization and democratization have resulted in there being far fewer oligarchies in the world today.

Detailed explanation-3: -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.

Detailed explanation-4: -What are two types of oligarchies? theocracy and monarchy di | Quizlet.