IPA: /ɒkˈtɑːki/
KK: /ɑkˈtɑrki/
A type of government or organization that is led or controlled by eight individuals or groups.
The octarchy was formed to ensure equal representation among the eight member states.
Octarchy → It is formed from "octo-" (meaning eight) and "archia" (from Greek "archia", meaning rule or government). The word refers to a system of government where eight individuals or groups hold power.
Think of 'eight' ('octo-') rulers or leaders ('archia') working together — that's what octarchy means.