oligarchy vs. monarchy
[ol-i-gahr-kee]
/ ˈɒl ɪˌgɑr ki /
noun
plural
oligarchies-
a form of government in which all power is vested in a few persons or in a dominant class or clique; government by the few.
-
a state or organization so ruled.
-
the persons or class so ruling.
[mon-er-kee]
/ ˈmɒn ər ki /
noun
plural
monarchies-
a state or nation in which the supreme power is actually or nominally lodged in a monarch.
-
supreme power or sovereignty held by a single person.