Home / English / What is the meaning of the term ‘Oligarchy’? English What is the meaning of the term ‘Oligarchy’? Posted on20/10/202218/09/2022 Updated on18/09/2022 Oligarchy is a system of administration where the power is in the hands of a group of rulers rather than a single ruler. Related posts: What is the meaning of ‘Piyadassi’? What were Mahajanapadas? What were Dharmasutras? Which two cities served as the earliest and the latest capital of the Magadha?