An oligarchy is a form of government where power is held by a small group of people. These individuals often share similar interests or backgrounds, such as wealth, family ties, education, or corporate connections.
Aristocracy: This is another form of government ruled by a small privileged class. However, this class usually derives its status from birthright rather than wealth or business connections.
Plutocracy: A government system where power is given to the wealthy. It's like an oligarchy but specifically focused on those with money.
Autocracy: This is a system of government in which one person has absolute power. Unlike an oligarchy, there's no group — just one individual calling all the shots.
AP European History - 1.2 Italian Renaissance
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