Definition of Plutocracy
Plutocracy
plu·toc·ra·cy
Definition/Meaning
(noun)
A government controlled by the wealthy, or a system where the rich hold power.
e.g. The critics argued that the country was becoming a plutocracy, favoring the elite.
(noun)
a group or class of wealthy people who hold the power in a system and who thus form the ruling or elite class;
e.g. Only the plutocracy benefit from policies like these ones.
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