Latin American republics in the late nineteenth century may be described as "oligarchic" because:

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Latin American republics in the late nineteenth century were oligarchic due to the fact that political power was limited to small groups of elites through corruption, fraud, and coercion. This led to the formation of oligarchies which controlled resources and power in the region. Indigenous oligarchies were not significant in the nineteenth century, slavery had already been abolished in many Latin American countries, and petroleum resources were not yet a significant factor in the region's economy.

Latin American Republics in the Late Nineteenth Century May Be