Examlex
According to Max Weber, what are the three components of class? Explain each of them in your own words.
Shut Down
The temporary or permanent cessation of operations, typically referring to businesses closing due to economic difficulties or other factors.
Business
Business refers to the organized efforts of enterprises to produce and sell goods and services for profit.
Additional Output
Refers to the extra amount of production a company or economy can generate when it utilizes additional resources or inputs.
Guaranteed Contracts
Agreements that ensure certain terms, such as payment or service delivery, regardless of future circumstances or performance.
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