A government with corrupt rulers who use their power to exploit the people and natural...

WAEC 2024

A government with corrupt rulers who use their power to exploit the people and natural resources of their own territory to extend their personal wealth and political power is described as

A. autocracy
B. capitalism
C. kleptocracy
D. oligarchy

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Correct Answer: Option C

Explanation

A kleptocracy is a government where rulers exploit national resources and use their power for personal gain rather than for the welfare of the people. In such regimes:

Corrupt leaders embezzle public funds and mismanage resources.
Government policies benefit the ruling class rather than the citizens.
Public institutions are weakened due to corruption and nepotism.
The state’s wealth is often hidden in offshore accounts or foreign investments.

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