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Wikipedia definition
1. GerontocracyA gerontocracy is a form of oligarchical rule in which an entity is ruled by leaders who are significantly older than most of the adult population. Often the political structure is such that political power within the ruling class accumulates with age, so that the oldest hold the most power. Those holding the most power may not be in formal leadership positions, but often dominate those who are.
Read “Gerontocracy” on English Wikipedia
Read “長老支配” on Japanese Wikipedia
Read “Gerontocracy” on DBpedia

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