Sociologist Max Weber Placed Categories of People Who Have a Similar

question 36

Multiple Choice

Sociologist Max Weber placed categories of people who have a similar level of wealth and income in the same class. He referred to the privileged commercial class of wealthy bankers, ship owners, professionals, and merchants who possess similar financial resources as __________.

• A) ​entrepreneurs
• B) ​rentiers
• C) ​independents
• D) ​consumers

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Definitions:

Wholesale Division

A division of a company that sells goods in large quantities to retailers, other distributors, or sometimes directly to consumers.

Fixed Expenses

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Break-even Sales

The amount of revenue needed to cover both fixed and variable costs, resulting in neither profit nor loss.

Foreign Division

A segment of a business that operates in a country other than the company's home country, handling operations outside the domestic sphere.