Assertion (A): The elitist theory of democracy does not aim at change in the existing socio-economic situation. Its object is to suggest a political system best suited to the existing order.
Reason (R): The elitist theory arose due to the need for the maintenance of stability and equilibrium in the liberal capitalist societies.

A. Both A and R are true and R is the correct explanation of A

B. Both A and R are true but R is not a correct explanation of A

C. A is true but R is false

D. A is false but R is true

Answer: Option A