_____ argues that a small group of leaders possesses power and rules society.

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Elite theory argues that a small group of leaders possesses power and rules society. Pluralist theory, on the other hand, contends that power is dispersed among multiple groups with varying interests, while regime analysis focuses on the broader institutional framework that shapes power relations. Public authority theory emphasizes the legitimacy of those in power and their ability to make decisions on behalf of the public.

_____ Argues That a Small Group of Leaders Possesses Power