
Cooperative ownership models
Cooperative ownership models allow individuals to collectively own and manage resources or businesses. Members contribute to the cooperative, share in decision-making, and benefit from its profits based on their participation. Unlike traditional businesses where a few people hold ownership, cooperatives empower all members, promoting equality and collaboration. Common examples include credit unions and food co-ops, where members often enjoy lower prices and better services. This model emphasizes mutual support and community well-being, reinforcing that collective efforts can lead to shared success.