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market socialism

Definition of Market Socialism

(noun) An economic system that merges some traits of capitalism into socialism, such as limited private ownership or consulting market demand.

Market Socialism Pronunciation

Usage Note

  • Plural: market socialisms

Additional Information

Related Terms


Works Consulted

Griffiths, Heather, Nathan Keirns, Eric Strayer, Susan Cody-Rydzewski, Gail Scaramuzzo, Tommy Sadler, Sally Vyain, Jeff Bry, Faye Jones. 2016. Introduction to Sociology 2e. Houston, TX: OpenStax.

Cite the Definition of Market Socialism

ASA – American Sociological Association (5th edition)

Bell, Kenton, ed. 2013. “market socialism.” In Open Education Sociology Dictionary. Retrieved August 22, 2019 (https://sociologydictionary.org/market-socialism/).

APA – American Psychological Association (6th edition)

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

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

Bell, Kenton, ed. 2013. “market socialism.” In Open Education Sociology Dictionary. Accessed August 22, 2019. https://sociologydictionary.org/market-socialism/.

MLA – Modern Language Association (7th edition)

“market socialism.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2013. Web. 22 Aug. 2019. <https://sociologydictionary.org/market-socialism/>.