capitalism

(noun) An economic system based on market competition and the pursuit of profit, in which the means of production are owned privately by individuals or corporations.

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 Works Consulted

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How to Cite the Definition of Capitalism

ASA – American Sociological Association (5th edition)

Bell, Kenton, ed. 2013. “capitalism.” In Open Education Sociology Dictionary. Retrieved December 16, 2018 (https://sociologydictionary.org/capitalism/).

APA – American Psychological Association (6th edition)

capitalism. (2013). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/capitalism/

Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)

Bell, Kenton, ed. 2013. “capitalism.” In Open Education Sociology Dictionary. Accessed December 16, 2018. https://sociologydictionary.org/capitalism/.

MLA – Modern Language Association (7th edition)

“capitalism.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2013. Web. 16 Dec. 2018. <https://sociologydictionary.org/capitalism/>.