The form of power structure in which power effectively rests with a faction of persons or families is called-

Solution(By Examveda Team)

Oligarchy is government by few. In this form of power structure, a small group exercises power who control and run a particular country or organization. Fascism is a way of organising a society in which a government ruled by a dictator controls the lives of the people and in which people are not allowed to disagree with the government. Tyranny is cruel and unfair treatment by people with powers over others. Whereas plutocracy is a system of government in which the richest people in country rule or have power.