Some examples of the oligarchic system of government can be found in Russia following the fall of the Soviet Union when a group of private businessmen dominate both wealth and political power in the Russian government. In the Russian example, oligarchs are identified as business magnates perceived as close to the current form of government. As of 2014, 110 Russian billionaires account for 35 percent of the country's wealth.Continue Reading
While an oligarchy identifies a group of people who hold most, if not all, political and financial power within a country, there is a key difference in the oligarchic system of government when compared to a monarchy. In an oligarchy, there is no blood relation needed to inherit or receive power from one generation to the next. When power is held by an oligarchic individual or family, it can easily shift within the space of a few years to a different individual or family.
The citizens that stand outside the circle of oligarchs in an oligarchic system of governance do not have a say in any military or economic actions taken by the government. Historically, oligarchies are seen as tyrannical forms of governance, though the severity of oppression may vary by case.Learn more about Types of Government
The primary advantage of a parliamentary system is that it makes the government accountable to the citizens for the decisions it makes by creating a group to monitor its performance. It also provides an out through a no-confidence clause that could scrap a government doing a poor job and call for re-elections.Full Answer >
A military regime is a system of government in which the military holds the power. Such systems may be ruled by either a single individual or a small group.Full Answer >
A dictatorship is a system of government in which a single person or party has complete political power; the dictator often maintains power by employing oppressive methods. Dictatorship is an old form of government with origins in ancient Rome. Dictators often ascend to power through democratic means but use their authority to subvert constitutional safeguards.Full Answer >
A limited government is a political system in which power is controlled by a constitution and divided among different entities in order to prevent tyranny. The governments of the United States and other western democracies are based on the idea of limited government.Full Answer >