Plutocratic influence can alter any form of government. For instance, in a republic, if a significant number of elected representative positions are dependent upon financial support from wealthy sources, it is types of government pdf plutocratic republic. Doctors, engineers, scientists, professionals and technologists who have knowledge, expertise, or skills would compose the governing body instead of politicians, businessmen and economists. In a technocracy, decision makers would be selected based upon how knowledgeable and skillful they are in their field.
Socrates defines a timocracy as a government ruled by people who love honour and are selected according to the degree of honour they hold in society. This form of timocracy is very similar to meritocracy, in the sense that individuals of outstanding character or faculty are placed in the seat of power.