co-operatives

Co-operatives are organizations owned and run by a group of individuals for their mutual benefit. Unlike traditional businesses, where profit is the main goal, co-ops focus on meeting the needs of their members, who can be consumers, workers, or producers. Members typically have a say in decision-making, often based on the principle of one member, one vote. Co-operatives can be found in various sectors, from agriculture to retail, and aim to promote economic sustainability, community well-being, and democratic governance. They prioritize service to their members over profit maximization.