Oligarchy

Pronunciation: /ˈɑːləˌɡɑːrkiː/

Oligarchy (noun)

  1. A system of government where a small group of people controls power, often for their own benefit.
  2. A situation where rich or influential people control decisions, even if others can vote.

Examples

  • An oligarchy controls the country through a small group.
  • In an oligarchy, only a few people make the main decisions.