According to Weber, which of the following best describes a 'status group'?

According to Max Weber, a 'status group' refers to a group of people who share similar social prestige or honor, which is often based on their lifestyle, education, or shared values. Unlike economic class, which is based on wealth and income, status groups focus more on the social recognition and respect individuals receive from others. For example, a group of artists or academics may form a status group because they are valued for their contributions to culture and knowledge, regardless of their financial situation. This concept highlights that social stratification is not just about money but also about how society perceives and treats different groups. Understanding status groups helps us see how social relationships and identities shape our interactions and opportunities in life.