Based on the two parts of the word “theocracy”, which of the following definitions is CORRECT?

The correct meaning of “theocracy” is a government ruled by a religious authority. “Theo-” means God and “-cracy” means government.
"Theocracy" is derived from the Greek words "theos" (meaning "god") and "kratos" (meaning "rule" or "authority"). When combining these elements, the term "theocracy" refers to a system of government where religious leaders or religious institutions hold political power and govern in the name of a particular deity or religious doctrine.
“Absolute rule or sovereignty” is the definition of the word “autarchy”.
“A government by many persons” is the definition of the word “polyarchy”.
“A political system where the wealthy govern” is the definition of the word “plutocracy”.