WORLD HISTORY

Detailed explanation-1: -10. Wealthy people benefited most from the oligarchies that governed many ancient Greek citystates.

Detailed explanation-2: -The word oligarchy comes from the Greek root words oligos (which means “few”) and arkhein (which means “rule”). Between about 800 B.C.E. and 650 B.C.E., most Greek city-states were ruled by a small group of men. These men were called oligarchs, and they often ruled like kings who shared power together.

Detailed explanation-3: -A Greek Oligarchy is a system of government in which a select group of people, sometimes very small in number, ruled over a city or land. Oligarchies were likely the most common form of city-state government in Ancient Greece and often occurred as a way to restore order and peace after democracy had failed in a city.

Detailed explanation-4: -Sparta is the most famous example of an oligarchy in ancient Greece. The Spartans also created an oligarchy in Athens after they conquered it in 404 BCE.

Detailed explanation-5: -Broadly speaking, an oligarchy is a form of government characterized by the rule of a few persons or families. More specifically, the term was used by Greek philosopher Aristotle in contrast to aristocracy, which was another term to describe rule by a privileged few.

Detailed explanation-6: -One of the main drivers of trade in Ancient Greece was colonization. As larger city states set up colonies, there would be trade between the founding city and its colony. Furthermore, differing climates between cities and their respective colonies created comparative advantages in goods.