Explanation:

- Option 1: Honour and Prestige

- Max Weber emphasized that status groups are characterized primarily by social honor and prestige.

- People within these groups share a specific lifestyle and are recognized by society for their perceived value or status.

- Correct Answer

- Option 2: Honour and Power

- While honor is a key component, power relates more to class or political positions in Weber's theory.

- Status groups themselves aren't primarily about power.

- Option 3: Power and Prestige

- Power is more associated with social classes and authority.

- Prestige is a component, but not combined strictly with power for status groups.

- Option 4: Honour, Power and Prestige

- Combines aspects of class, status, and authority, but status groups focus on honor and prestige, not power.