Question

Belor has been invited to become a limited partner in a new business. Belor feels that if he is putting up some of the money to launch the business, he should have some say in how it is managed.

A) Democracy
B) Oligarchy
C) Autocracy
D) Plutocracy

Answer 1

An oligarchy is a form of government where a small group of elite people hold political power.

Step-by-step explanation:

The form of government where a small group of elite people hold political power is called oligarchy. In an oligarchy, power is held by a small and privileged group, and membership in this group is not necessarily based on noble ancestry. Instead, individuals in an oligarchy may attain power through military strength, economic influence, or other similar circumstances.