• word of the day

    oligarchy

    oligarchy - Dictionary definition and meaning for word oligarchy

    Definition
    (noun) a political system governed by a few people
    Example Sentence
    • one of his cardinal convictions was that Britain was not run as a democracy but as an oligarchy
    • the big cities were notoriously in the hands of the oligarchy of local businessmen
   Mnemonics (Memory Aids) for oligarchy

oligo basically means a few people.. as used in oligopoly..

In line with Anarchy Monarchy and Oligoarchy (Oligo means few), matriarchy(run by a women) and patriarchy(run by a man)

like anarchy...run by few people

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