A capitalist system relies on private ownership for production and profit. A traditional system follows historical beliefs and traditions, usually barters instead of money and the command system allows for the government to determine what to make, how much to make, and how much to charge.
Based on the information provided within the question it can be said that the sociological theory that is being described is called symbolic interactionism. This theory states that focuses on the relationships among individuals within a society as well as how they make sense of one another and the social world in which they live in.
