Community Economy

Community economy refers to an economic system focused on local, shared resources and collective well-being rather than free-market profit maximization. It emphasizes collaboration, sustainability, and social values, supporting local businesses, community-based initiatives, and resource sharing. This approach aims to strengthen community ties, reduce dependence on external markets, and promote equitable development, ensuring that economic activity benefits residents and respects local environments. Essentially, it prioritizes people's needs and community resilience over individual profit, fostering a more inclusive and sustainable local economy.