difference between aristocracy, oligarchy, and republic
By definition, an oligarchy is a form of government in which power is held by a small number of people. Republics are a type of democracy in which the people elect representatives to create and vote on legislation, rather than voting on that legislation themselves.
Plutocracy is the rule of money: rich people dominate society and politics. Oligarchy is when a few people share political power, at the expense of everyone else. Aristocrâ¦acy, although it can be an oligarchy, is the rule of the elite, under a social class system.