An oligarchy is an elite group of men(never women) that control city-states. Oligarchy was usually greedy and harsh, and citizens and mercenaries, or Hoplytes (hOp-Lights) eventually overthrew the elite group and which became Tyranny.
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Some names for the form of government ruled by the rich or powerful might include, a plutocracy (rule by the wealthy), an oligarchy (rule by the wealthy, connected, educated, royalty), or maybe an aristocracy (rule by a small class of privileged).
it was an oligarchy