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Definitions from the WebCooperative EconomicsDefinition:Cooperative economics refers to an economic system or practice where individuals, businesses, or organizations work together collaboratively for the mutual benefit of all parties involved. It emphasizes the principles of shared ownership, democratic decision-making, and equitable distribution of resources and wealth. Sample Sentences:1. Noun - Economic System: Cooperative economics offers an alternative economic model, where communities strive to build sustainable and inclusive businesses that prioritize ethical practices. 2. Noun - Practice: Many small-scale farmers are adopting cooperative economics by pooling their resources, knowledge, and labor to market their products directly and bypass traditional intermediaries. 3. Adjective - Popular: Cooperative economics is gaining popularity as individuals recognize the potential for fairer and more sustainable economic development. 4. Adjective - Local: Local communities are exploring ways to foster cooperative economics to create stronger, self-reliant local economies. Possible Related Products: | ||||
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