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Which theory of democracy theorizes that "small numbers of individuals, groups, and industries hold the majority of political power?

User Landmaster
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Answer:

Elite Theory

Step-by-step explanation:

Sociologist defines elite theory as an model of democracy in which a small section of wealthy elite and political think tank holds most of the power. Therefore a small section of the elite exerts significant power over the mass of the population. They control the social and political institutions and work independent of democratic setup.

User Muhammad Hamza
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