What Are the Three Types of Authority Identified by Weber

question 101

Short Answer

What are the three types of authority identified by Weber?

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Definitions:

Expressed

Articulated or conveyed in words, symbols, or in another explicit manner.

Years

Units of time equal to 365 days (or 366 in a leap year), used as a measure of time duration or age.

Compounded Quarterly

Refers to the process of calculating and adding interest to the principal sum every quarter of a year.

Mortgage

A loan used to purchase a piece of property, where the property itself serves as collateral until the loan is repaid.