Final answer:
Eric Wolf uses the term 'oligarchy' to refer to the form of social power that organizes social settings and controls the allocation of social labor.
Step-by-step explanation:
Oligarchy is the term used by Eric Wolf to refer to the form of social power that organizes social settings and controls the allocation of social labor. In an oligarchy, power is held by a small, elite group who ascend to positions of power because of factors such as military might or economic power. This is different from other forms of government such as hegemony, autocracy, and plutocracy.