Final answer:
C. Wright Mills's theory describes power as concentrated in the hands of a power elite, a small group of wealthy and influential individuals who shape social policies to maintain their wealth.
Step-by-step explanation:
C. Wright Mills's theory about power is best described by option B. Power is concentrated in the hands of a few elite individuals or groups. Mills introduced the concept of the power elite to explain how a small group of wealthy and influential people at the top of society hold the power and resources.
He believed that this elite group controls the government to create social policies that maintain their wealth. This view is bolstered by the work of G. William Domhoff, who further explains how the power elite can be seen as a distinct subculture within society.
This theory stands in contrast to pluralist theory, which argues that power is distributed more widely across organized groups and is not solely in the hands of a select few. However, according to Mills, the elite use their resources to secure key positions in politics and the economy, thus influencing decisions that benefit their interests over the wider population.