oligarchy
Oligarchy (noun) means a system of government in which power rests with a small group of people, typically the wealthy, rather than with the population as a whole. Example: “Critics argue the country has drifted from democracy into oligarchy.”
How to use oligarchy
Learner’s notesIn plain EnglishA country run by a small group of powerful, usually rich, people.
Formal and generally critical. Calling a system an oligarchy is an accusation, not a neutral classification.
Note the different stress: oligarchy has four syllables, OL-ih-gar-kee, while an oligarch has three.
Trace the full origin ↓Fill the gap
Can you complete this real example?
Critics argue the country has drifted from democracy into _____.
Etymology
From Greek oligarkhia, from oligoi "few" and arkhein "to rule": rule by the few.