Three-component theory of stratification Guide, Meaning , Facts, Information and Description
Max Weber formulated a three-component theory of stratification, with social class, status class and party class (or politics) as conceptually distinct elements.
- Social class is based on economically determined relationship to the market (owner, rentier, employee etc.)
- Status class is based on non-economical qualities like honour, prestige and religion
- Party class refers to factors having to do with affiliations in the political domain.
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