What are the main features of plutocracy?
Plutocracy is a term describing a society governed either directly or indirectly by extremely wealthy people. A common characteristic of plutocracy is the frequent enactment of government policies that benefit the wealthy, often at the expense of the lower classes.
What is a plutocracy for kids?
From Academic Kids The term plutocracy indicates a form of government where all the state’s decisions are centralized in an affluent wealthy class of citizenry and the degree of economic inequality is high while the level of social mobility is low. When these factors are met a government can be classified as such.
Why is it called a plutocracy?
Ploutos was Greek for “wealth”, and Plouton, or Pluto, was one of the names used for the Greek god of the underworld, where all the earth’s mineral wealth was stored. So a plutocracy governs or wields power through its money.
What type of government is plutocracy?
Plutocracy is a government controlled exclusively by the wealthy, either directly or indirectly. A plutocracy allows, either openly or by circumstance, only the wealthy to rule.
How does a plutocracy work?
A plutocracy (Greek: πλοῦτος, ploutos, ‘wealth’ and κράτος, kratos, ‘power’) or plutarchy is a society that is ruled or controlled by people of great wealth or income. The first known use of the term in English dates from 1631.
What is the leader of a plutocracy called?
A wealthy person who rules or influences leaders in a plutocracy can be called a plutocrat.
What is plutocratic period?
What is plutocracy in a sentence?
Definition of Plutocracy. a political system governed by the wealthy. Examples of Plutocracy in a sentence. 1. Because it is not operated by the wealthiest people, our political system is not a plutocracy.
What is the opposite of a plutocracy?
Antonyms & Near Antonyms for plutocracy. proletarians, proletariat.
What is the difference between a plutocracy and an oligarchy?
People that exercise control:
What are the pros and cons of a plutocracy?
It is an unfair system,since not everyone can influence.
What distinguishes a republic from a plutocracy?
Elective
What does plutocracy mean?
Plutocracy is a term describing a society governed either directly or indirectly by extremely wealthy people. A common characteristic of plutocracy is the frequent enactment of government policies that benefit the wealthy, often at the expense of the lower classes. Since plutocracy is not a recognized political philosophy or form of government, its existence is rarely admitted or defended.