Which Theorist Argued That the Growth of the Service Sector

question 145

Multiple Choice

Which theorist argued that the growth of the service sector stabilized society because service workers enjoy higher status and income than manual workers?

• A) Max Weber
• B) Talcott Parsons
• C) Karl Marx
• D) Émile Durkheim

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Definitions:

SBA

Refers to the Small Business Administration, a U.S. government agency that provides support to entrepreneurs and small businesses.

Venture Capital Firms

Investment companies that provide funding to start-up companies and small businesses with perceived long-term growth potential.

High-tech Industries

Sectors that are heavily involved in the development and production of technology, including computing, telecommunications, and biotechnology.

Double-Entry Accounting

An accounting system in which every business transaction is recorded in an asset account and a liability or owner’s equity account so that the system will balance.