Oligarchy

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Oligarchy [ OL-i-gahr-kee  ]
 [ noun ]
 MEANING :
 1. a form of government in which all power is vested in a few persons belonging to a dominant class or elite segment of society
2. a state governed by the few
3. the few who make up a government
 USAGE EXAMPLE 1 :
 The drawback of an oligarchy is that the individuals are usually provoked by the lust for power and religious fanaticism.

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