How is an oligarchy different from a monarchy? Oligarchies are only a theory,while nonarchies have been Historically,oligarchies tended to replace monorchies as in

## Step 1<br />The question is asking for the differences between an oligarchy and a monarchy. <br /><br />## Step 2<br />An oligarchy is a form of government where power is concentrated in the hands of a small group of people. These people are usually from the same social, economic, or political class. The power in an oligarchy is not necessarily inherited, but rather is based on wealth, family ties, or military control.<br /><br />## Step 3<br />On the other hand, a monarchy is a form of government where power is vested in a single person, usually a king or a queen. The power in a monarchy is typically inherited, and the monarch usually has absolute power.<br /><br />## Step 4<br />The statement that oligarchies are only a theory while monarchies have been historically is not accurate. Both oligarchies and monarchies have been practiced throughout history.<br /><br />## Step 5<br />The statement that oligarchies tend to replace monarchies is also not accurate. The transition from a monarchy to an oligarchy or vice versa depends on various factors such as social, economic, and political changes.