Max Weber's concept of ______ referred to a collective of individuals that share a similar economic or market situation.

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Weber's concept of class referred to the economic or market situation that a group of individuals share. This is different from status, which refers to the social prestige or honor that an individual possesses. While parties are also a concept in Weber's sociological theory, they refer to a collective of individuals that share a common goal, interest, or ideology. The proletariat is a term used in Marxist theory to refer to the working-class individuals who do not own the means of production.

Max Weber's Concept of ______ Referred to a Collective of Individuals