What does the rule by elite or most powerful mean?

Rule by elite or most powerful refers to a governance system where a small group of individuals, often distinguished by wealth, social status, or political influence, hold significant power and make decisions for the larger population. This elite class may prioritize their interests over the needs of the majority, leading to a concentration of power and resources. Such systems can lead to inequality and limit democratic participation, as the voices of ordinary citizens are often marginalized.