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- DictionaryOl·i·gar·chy/ˈäləˌɡärkē/
noun
- 1. a small group of people having control of a country, organization, or institution: "the ruling oligarchy of military men around the president"
noun
Power structure in which power rests with a small number of people
Oligarchy (from 'rule by few'; from 'few', and 'to rule, command') is a conceptual form of power structure in which power rests with a small number of people. These people may or may not be distinguished by one or several characteristics, such as nobility, fame, wealth, education, or corporate, religious, political, or military control. Throughout history, power structures considered to be oligarc... Wikipedia