C.Wright Mills wrote that the "power elite" controls_________________?
Correct answer: B. the major issues like war and peace
- A. all political and social issues
- B. the major issues like war and peace
- C. the election of all national officials
- D. access to Supreme Court appointments
Explanation
Mills argued that a small power elite dominates decisions involving the most consequential national matters, especially war and peace. The claim is broader than merely controlling elections or Supreme Court appointments.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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