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What is an ascribed status? List the main ascribed statuses.
Gerontocracy
A form of social structure where the power is heavily concentrated in the hands of older members of society, often marginalizing younger generations.
Contractual Relationships
Contractual Relationships refer to a legally binding agreement between two or more parties, typically involving the exchange of goods, services, money, or promises.
Protestant Ethic
A concept in sociology that associates the rise of capitalism with Protestant values of hard work, frugality, and diligence.
Spirit of Capitalism
A term from Max Weber's sociology referring to the set of ethical and cultural values that encourage hard work, frugality, and efficiency in pursuit of economic success.
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