Question : Select the option that can be used as a one-word substitute for the given group of words.
Government governed by wealth
Option 1: Theocracy
Option 2: Autocracy
Option 3: Democracy
Option 4: Plutocracy
Correct Answer: Plutocracy
Solution : The correct answer is the fourth option.
It is derived from the Greek words "ploutos," which means wealth, and "kratia," which means rule or power. Therefore, it accurately represents a government that is primarily influenced or controlled by those with significant financial resources.
The meanings of the other options are as follows:
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Theocracy: A theocracy is a form of government where religious leaders or religious laws hold the ultimate authority.
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Democracy: Democracy is a form of government where the power to make decisions and elect leaders is vested in the hands of the people.
Autocracy: Autocracy is a system of government where a single individual, often a dictator or monarch, holds absolute and centralised power.
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