Hey there!
An oligarchy is/was a powerful from of government. It was ruled by any sort of group of powerful people - aristocrats, wealthy landowners, or anyone that had lots of money, power, and influence.
Often in ancient times, they were aristocrats. They made laws that benefitted themselves and the trend was often that the poor lost more wealth, and the riched gained more - as oligarchs passed laws to benefit the rich.
Some argue that even today, countries like Russia and those that don't have a complete democratic or republican government have oligarchs, although that's always arguable.
Hope this helps!
Answer:
Social change can cause conflict within and between societies. Social change can cause a cultural lag which leades to conflict. A main conflict is between youth and parent, which is a result of social change.
During the 20th century there was war. This includes World War I. The wars would cause poverty in familes due to the high demand of food and supplies to soldiers overseas. This led to other families fighting for survival.
Answer:
Your answers will be "The money supply became less liquid", "Lending and credit stopped", and "It was difficult for banks to receive the loans needed to have cash required to function".
