According to Weber, what are the three divisions of social stratification?

Max Weber's conceptual framework for social stratification emphasizes three distinct but interrelated dimensions: wealth, power, and prestige. Wealth refers to the economic resources and assets that individuals or groups possess. Power encompasses the ability to influence or control the actions of others, often stemming from political or social authority. Prestige relates to the social respect and recognition afforded to individuals or groups based on characteristics such as occupation, education, or lifestyle.

Weber's multifaceted approach highlights that social stratification is not solely based on economic status (as indicated by wealth) but also includes social and political dimensions through power and prestige. This triadic model allows for a more nuanced understanding of social hierarchies and interrelations within society, demonstrating that individuals can have varying levels of wealth, power, and prestige that influence their social standing and interactions. Each dimension plays a crucial role in shaping individuals' experiences and positions within the larger social landscape.