According to Max Weber, wealth, power, and prestige are often related to one another, but one cannot be converted into another.

Name: According to Max Weber, wealth, power, and prestige are often related to one another, but one cannot be converted into another.
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Max Weber argued that wealth, power, and prestige are distinct components of social stratification but are interrelated and can influence each other, implying that they can, to some extent, be converted into one another.

According to Max Weber, Wealth, Power, and Prestige Are Often