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Abstract. 1  In an attempt to prepare parents on methods to improve their children's overall chances of success in life, it is important to examine the factors that lead to academic success and fulfillment. Hirschi's social bonding theory (1969) highlights key components that facilitate greater accomplishments in life.
Weber introduced three independent factors that form his theory of stratification hierarchy, which are; class, status, and power: 1  Class: A person's economic position in a society, based on birth and individual achievement. Weber differs from Marx in that he does not see this as the supreme factor in stratification.