Question

The majority of appointed U.S. Treasury secretaries have been either former partners 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
a. the power elite.b. pluralism.c. authoritarianism.d. totalitarianism.

Answer 1

The majority of appointed U.S. Treasury secretaries have been either former partners 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 the power elite.

Answer: Option A

Explanation:

Elite are the people who are rich in terms of wealth and have lots of assets with them in the form of land, gold and many more. They also have power and control in their hands because of the money and wealth they possess.

Since most of the secretaries who are a part of the treasury of the United States of America, are from category of rich and elite people, there fore it is known as the power elite.