What Is the Primary Difference Between Marx's and Weber's Views

question 81

Multiple Choice

What is the primary difference between Marx's and Weber's views of social class?

• A)Weber disagreed that classes were formed around economic issues.
• B)Weber disagreed that economic forces are the primary basis for stratification.
• C)Weber disagreed that there could be more than one dimension to stratification.
• D)Weber did not believe that economic forces had any impact on other aspects of life.

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Definitions:

Economies Of Scale

The advantages in cost that enterprises gain by scaling up their operations, usually seen as a decrease in the per-unit cost of output as production scales up.

Minimum Average Cost

The lowest point on the average cost curve, representing the most efficient scale of production for minimizing costs.

Competitive Firm

A firm operating in a market where it has no power to influence market prices and typically faces many competitors with similar products.

Normal Profits

The minimum level of profit needed for a company to remain competitive in the market; it occurs when economic profit is zero after accounting for all costs, including opportunity costs.