Max Weber formed a three-component theory of stratification in which social difference is determined by class, status, and power.
The three-component theory of stratification, generally known as Weberian stratification or the three class system, was developed by German sociologist Max Weber with class, status and party as distinct ideal types.
Weber argued that power can take a variety of forms. A person's power can be shown in the social order through their status, in the economic order through their class, and in the political order through their party. Thus, class, status and party are each aspects of the distribution of power within a community.
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