Max Weber Said That the Most Important Feature of the Modern

question 27

Essay

Max Weber said that the most important feature of the modern state is that nobody can use force "legitimately" except the state and its representatives. Yet even in a society like the United States, people engage in violence all of the time. Does this mean that the United States is not a modern state? Why or why not?

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Definitions:

Economic Profits

Profits exceeding the opportunity costs of all resources employed, used as a measure of efficiency and competitiveness in economic theory.

Limited Resources

Refers to the finite amount of resources available for production of goods and services, including labor, capital, and natural resources.

Market Supply Curve

A graphical representation showing the relationship between the price of a good and the total output of that good supplied by all producers in the market.

Identical Firms

Refers to companies within the same industry that have similar methods of production, costs, and characteristics, making their products essentially indistinguishable.