According to the principle of popular sovereignty,

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The principle of popular sovereignty is the idea that the ultimate source of authority rests with the people. This means that the people have the power to govern themselves, and that governments derive their legitimacy from the consent of the governed. This concept is fundamental to democratic systems of government, which are based on the idea that people have the right to participate in the decisions that affect their lives. A is incorrect because popular sovereignty emphasizes that power should be exercised by the people, not an elite. C is incorrect because popular sovereignty does not require that everyone be materially equal. D is incorrect because majority rule is considered acceptable under popular sovereignty, as long as the rights of minorities are protected. E is incorrect because majority power generally trumps minority rule in democratic systems.

According to the Principle of Popular Sovereignty