Civic Economy

Civic economy refers to the economic activities that prioritize community well-being and social responsibility over profit maximization. It encompasses initiatives that enhance public goods, support local businesses, and foster inclusive participation in economic decisions. This approach often includes cooperatives, social enterprises, and local currencies, emphasizing collective benefits and sustainability. Civic economy seeks to build resilient communities by encouraging collaboration, ensuring fair resource distribution, and enhancing the quality of life for all members, rather than focusing solely on financial gain for a few. It aligns economic practices with civic values, promoting engagement and empowerment within communities.