Oligarchy (noun)

1. A form of government or society in which a small group of people hold power and make decisions for the entire population.
2. A country or organization that is controlled by a small group of people who have a disproportionate amount of power and influence.

Origin:

The word "oligarchy" is derived from the greek word "oligarkhía" which means "rule by the few". it is used to describe a form of government or society in which a small group of people hold power and make decisions for the entire population.

Examples:

1. The country was ruled by an oligarchy of wealthy families.
2. The government was an oligarchy, controlled by a small group of politicians.
3. The country was plagued by corruption and nepotism, typical characteristics of an oligarchy.
4. The oligarchy in the country was able to maintain its power through control of the media and the use of force.
5. The oligarchy in the organization was made up of a few powerful individuals who controlled the decision making process.