Question

Government by the rich is called:

• A. Aristocracy
• B. Plutocracy
• C. Bureaucracy
• D. Autocracy

Hint:

Plutocracy = power of wealth; Aristocracy = power of nobles; Autocracy = power of one; Bureaucracy = power of officials.

Answer 1

The Correct Option is B

Step 1: Understanding the terms.
- Aristocracy: Government by the nobility or elite class.
- Plutocracy: Government by the wealthy or rich people.
- Bureaucracy: Government by officials and administrative departments.
- Autocracy: Government by a single person with absolute power.

Step 2: Apply to the given question.
Since the question specifically asks for “government by the rich,” the correct term is plutocracy.
Final Answer: \[ \boxed{\text{Plutocracy}} \]