The majority of appointed U.S.Treasury secretaries have been either former partners and/or managers of Goldman Sachs,a global investment management firm.Sociologists would argue that this overlap between private business and the federal government is an example of:

Question

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The power elite refers to a small group of individuals who hold significant influence and control in both the private and public sectors. The fact that many Treasury Secretaries have ties to Goldman Sachs suggests a concentration of power among a select group of individuals in the finance industry, indicating the presence of a power elite.

The Majority of Appointed U