Which of the Following Statements About the Relationships Among Democratization

Which of the following statements about the relationships among democratization, modernization theory, and political elites is accurate?

A) Scholars have shown that contrary to modernization theory, poverty typically does not serve as an obstacle to democratization.
B) A core assertion of modernization theory is that a country with political elites will allow democratic institutions to flourish if the country develops enough natural resources to become wealthy.
C) According to modernization theory, economic development is important to democratization, but a focus on elites shows that the type of wealth or resources has a big impact on the success of democratization.
D) Concentration of economic assets in the hands of a few elites in power ultimately advances democracy because those elites feel secure in their positions and thus allow democratization to flourish.
E) Decline of natural resources or economic stagnation typically forces an entrenchment of elites and a reduction of the chances for democratization.