Which Southeast Asian country can be considered an oligarchy?

A. China

B. Vietnam

C. Japan

D. South Korea

B. Vietnam

Explanation:

Vietnam is a Southeast Asian country. It is a country that has great potential, and its economy falls into the category of the mixed market economies. Unfortunately, the country also falls into the category of oligarchy. This means that only few people have almost all of the power and money in the country. They control the politics, the business sector, the legislative, thus shaping everything in accordance to their own interest. Because of this, despite its enormous potential, Vietnam is a country where the poverty is still very high, the country is considered as developing, and the corruption and greed and the dominant factors in the society.