
142. What is an Oligarchy? (English Vocabulary Lesson)
Thinking in English
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The History of the Oligarchs in Russia
In russia, oligarchs are the ultra wealthy business leaders who hold disproportionate political power. The development and emergence of russia's oligarchs lies in the country's complicated history. Until the 19 nineties, russia was part of the soviet union. Influential and wealthy russians used their connections to take over these industries and become oligarchs. This process was associated with a high level of corruption.
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