• cap·i·tal·ism /ˈkapədlˌizəm/ noun an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Oligarchy - a small group of people having control of a country, organization, or institution. "the ruling oligarchy of military men around the president" a country governed by an oligarchy. "the English aristocratic oligarchy of the 19th century" government by an oligarchy. ********* Oligarchy countries: Russia China Saudi Arabia Iran Turkey South Africa North Korea Venezuela

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