Which of the following was a factor in Weber's theory of capitalism?
A) The emergence of the capitalist economic system was an element of a wider phenomenon called rationalization.
B) Traditional institutions were replaced by those based on the principles of rational calculation and efficiency.
C) The process was exemplified in two main areas of social life: the market economy and modern bureaucracy.
D) The modern bureaucracy operated on explicit, standardized, and calculable rules.
E) All of the above
Correct Answer:
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