An oligarchy (Greek Ὀλιγαρχία, Oligarkhía)'s a form of government in which power effectively rests with a small elite segment of society distinguished by royal, wealth, family, military or religious hegemony. The word oligarchy's from the Greek words for "few" (ὀλίγος olígos) and "rule" (ἀρχή arkhē). Such states are often controlled by politically powerful families whose children are… (More on Oligarchy)