Choose the correct one-word substitute for: 'A political system based on the rule of the wealthy'.
AOligarchy
BAristocracy
CPlutocracy
DMeritocracy
Answer:
C. Plutocracy
Read Explanation:
• A political system or society governed by the wealthy is a Plutocracy.
Oligarchy = Rule by a small group of people.
Aristocracy = Rule by the nobility/privileged class.
Meritocracy = Rule by people selected on the basis of their ability.