Populism is a political development.A political movement which emphasis on interest of "common men".
Populism is some sort of political development. Populists as a rule attempt to have an effect between everyday citizens and "elites" (meaning typically, top classes of individuals) .
Populists might consider rich individuals or accomplished individuals having a place with the class of elites.So political movement emphasising on interest of "common men" is called populism.
Therefore, option B aptly describes the term populism.
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