oligarchy
o
ˈɑ
aa
li
gar
ˌgɑr
gaar
chy
ki
ki
British pronunciation
/ˈɒlɪɡˌɑːki/

Definition & Meaning of "oligarchy"in English

Oligarchy
01

a political system in which a small group of high-powered people control a country or organization

Wiki
example
Examples
An oligarchy is a form of government where power is concentrated in the hands of a small group of individuals or families.
The country 's political system evolved into an oligarchy, with a wealthy elite controlling key decision-making processes.
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