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According to Your Text,religious Movements Pass Through Several Phases of Development.The

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According to your text,religious movements pass through several phases of development.The first phases,according to Max Weber,involve charismatic leaders.Some other characteristics of this type of leader is that they:


Definitions:

Nondepository Financial Institution

Institutions that do not accept traditional demand deposits but instead offer financial products such as mutual funds, insurance, and securities.

Insurance Company

A financial institution that provides coverage, compensating financial losses during events like accidents, theft, or natural disasters, in exchange for premiums.

Pension Fund

A type of investment pool established for the purpose of managing and investing collected retirement savings for members.

Common Stocks

Equity securities that represent ownership in a corporation, entitling holders to dividends and, in most cases, voting rights.

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