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deferred gratification

A Dictionary of Sociology | 1998 | 356 words | Copyright

deferred gratification The ideological principle which encourages individuals and groups to postpone immediate consumption or pleasure in order to work, train, invest, or gain in some other way an enhanced return at a future date. Deferred gratification is an essential principle behind capital accumulation and implicit in any system of industrialization.

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GORDON MARSHALL. "deferred gratification." A Dictionary of Sociology. 1998. Encyclopedia.com. 30 May. 2012 <http://www.encyclopedia.com>.

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