Explain the Weberian theory of social stratification. 

Max Weber’s theory of social stratification is one of the most influential frameworks in sociology, offering a comprehensive analysis of the complex ways in which social inequality is structured and maintained in modern societies. Unlike Karl Marx, who primarily focused on economic factors and class struggle as the basis of social stratification, Weber introduced a multidimensional approach that includes class, status, and power as the three main components that shape social hierarchies. This multidimensional framework allows for a more nuanced understanding of how social inequality operates beyond just economic factors.

1. Class as an Economic Concept  
Weber acknowledged the significance of economic factors in social stratification, but he defined class in a more complex and nuanced way than Marx. For Weber, class refers to a group of individuals who share similar economic interests, specifically in terms of their market situation. He argued that class is determined by one's position in the economic market, which influences access to goods, services, and opportunities. According to Weber, class is not just about ownership of the means of production (as Marx emphasized) but also about differences in skills, education, and other resources that affect one's market value.

Weber identified four main types of classes:

- The propertied class: Those who own substantial property, such as land, real estate, or large businesses.
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