The term "political elite" refers to a small group of individuals who hold significant power, influence, and decision-making authority within a political system. This group often includes high-ranking political leaders, business executives, and influential intellectuals who can impact policies and public discourse. The political elite can have both positive and negative effects on governance; they can drive innovation and progress but may also perpetuate inequality and limit democratic participation. Understanding the dynamics of the political elite is crucial to analyzing the functioning of political systems and the representation of diverse societal interests.