The word "monarchy", which refers to a type of government with a monarch such as a king, first originated in the Greek language and has changed throughout the years to its modern form. Moreover, this word is composed of the section "monos" that refers to one as in monarchies government power is represented by one person, and the section "archon" (greek term) that means "ruler" or "chief". In this way, a monarchy is the rule of one chief or ruler. According to this 2 is the correct answer.