What are the difference between monarchy and oligarchy?

Monarchy: All the power concentrated in hands of a single person. The "King". It can either be purely symbolic, or completely autocratic Oligarchy: It basically means power in the elite group of people. read more

Difference Between Monarchy and Oligarchy Generally, a new type of government is established when its earlier alternative fails to fulfill the needs of citizens. When such a type of government is established, the positive attributes of the previous government are retained whereas, the negative attributes are changed. read more

• Definition of Oligarchy and Democracy: • Oligarchy is a power structure in which only a few number of affluent people enjoy the ruling authority. • Democracy entertains candidates who are chosen by the general public to rule and make decisions in the authority. read more