Max Weber referred to the self-denying approach to life characterized by people living frugal lives and saving their money as the ________.

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Max Weber referred to this approach to life as the "Protestant ethic," which he believed was a key factor in the development of capitalism. This ethic emphasized hard work, self-discipline, and a focus on savings and investment as a means of achieving success and contributing to society.

Max Weber Referred to the Self-Denying Approach to Life Characterized