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One Word Substitution
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State in which the few govern the many

Answer & Solution
Correct Answer: Option B
One word substitution is Oligarchy.



Monarchy: a form of government with a monarch at the head.

Oligarchy: a small group of people having control of a country or organization.

Plutocracy: a state or society governed by the wealthy.

Autocracy: a system of government by one person with absolute power.
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