How Do Sociologists Refer to Weber's Concept of Class

question 33

Multiple Choice

How do sociologists refer to Weber's concept of class?

• A) as a category of people
• B) as an ideal type
• C) as a concrete dimension of class structure
• D) as an illusion

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Definitions:

360-Day Year

A financial calculation assumption where the year is considered to have 360 days for simplifying interest calculations.

Exact Simple Interest

Interest calculated precisely on the principal amount over a specific period, normally based on a 365-day year.

365-Day Year

A method of calculating interest that uses a fixed calendar year of 365 days for computations, commonly used in financial contexts.

Exact Simple Interest

Interest calculation method using a 365-day year that does not account for the effect of compounding.