Which of the following theories best explains the bank bailouts of 2008 –2009?Group of answer choicesdemosclerosispower elite theoryhyperpluralismboth a and c
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Solution 1
The Power Elite Theory best explains the bank bailouts of 2008-2009. This theory suggests that the most powerful groups or individuals in society are the ones who make the decisions and control the resources. In the case of the bank bailouts, it was the financial elites and government officials who Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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