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Oligarchy is a Government

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Oligarchy is a Government

by mooreliberty » Wed Jul 08, 2009 12:34 am
An oligarchy is a government run by a small, conservative faction. Often, oligarchies consist of families such as the Royal Family in Saudi Arabia. Like the Royal Family in Saudi Arabia, no one person in an oligarchy has the power to make a particular investment. Therefore, risky investments are never made by oligarchies.

The conclusion of the argument is valid if which one of the following is assumed?

A) Not all oligarchies are fun by families.
B) The Royal Family in Saudi Arabia has never made a risky investment.
C) Conservative governments rarely make risky investments.
D) Only liberal governments make risky investments.
E) Only individuals make risky investments.

From Nova GMAT Prep course. What are your thoughts/reasons? OA is E
Extremism in the defense of liberty is no vice; moderation in the pursuit of justice is no virtue. - Barry Goldwater

(Inspired by Thomas Paine in The Rights of Man).
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by ssmiles08 » Wed Jul 08, 2009 5:43 am
you can prephase the conclusion this way by saying:

Because power is in form of a group, risk is never achieved in oligarchies.

The author assumes that if at least one person has complete power, then risk is a possibility.

E) fits here b/c individual power = risky investments which is what the author assumes.
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by hk » Wed Jul 08, 2009 10:43 am
Argument says: One person in the group cannot make any investments
Arguments concludes: Risky investments are never made by the group.

Hence the assumption should connect these two. The connection is possible in only one straight way.. Risky investments are always made by One person. This way the group can never make any risky investments as One person individually cannot make an investment!!!
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Re: Oligarchy is a Government

by mooreliberty » Wed Jul 08, 2009 1:10 pm
mooreliberty wrote:An oligarchy is a government run by a small, conservative faction. Often, oligarchies consist of families such as the Royal Family in Saudi Arabia. Like the Royal Family in Saudi Arabia, no one person in an oligarchy has the power to make a particular investment. Therefore, risky investments are never made by oligarchies.

The conclusion of the argument is valid if which one of the following is assumed?

A) Not all oligarchies are fun by families.
B) The Royal Family in Saudi Arabia has never made a risky investment.
C) Conservative governments rarely make risky investments.
D) Only liberal governments make risky investments.
E) Only individuals make risky investments.

From Nova GMAT Prep course. What are your thoughts/reasons? OA is E

Great responses -- perfect. THANK YOU!!
Extremism in the defense of liberty is no vice; moderation in the pursuit of justice is no virtue. - Barry Goldwater

(Inspired by Thomas Paine in The Rights of Man).
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by khanshainur » Sun May 15, 2016 11:51 pm
I am pretty sure that the right Answer is E
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by Eric77Gorm » Sun May 15, 2016 11:56 pm
I would go with option E as the correct option
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