Explain paretos theory of elite
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Ans:The circulations of elite is a theory of regime change described by Italian social scientist vilfredo paretos(1848-1923). Changes of regime, revolutions , and so on occur not when rulers are overthrown from below ,but when on elite replaces another.
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For example, he observed that 80% of the peas in his garden came from 20% of his pea plants. The 80:20 ratio of cause-to-effect became known as the Pareto Principle. Pareto principle is a prediction that 80% of effects come from 20% of causes. The pareto principle has become a popular business maximum.
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