Final answer:
Plate Tectonics is the theory that explains how Earth's lithosphere is composed of rigid plates floating on the asthenosphere and moving relative to each other.
Step-by-step explanation:
The theory that Earth's lithosphere is composed of several rigid plates 'floating' on top of the asthenosphere is called Plate Tectonics. According to this theory, the lithospheric plates move and interact with each other, leading to various geological phenomena such as earthquakes, volcanic activity, and the formation of mountains.
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