What is another word for cooperative society?

Pronunciation: [kə͡ʊˈɒpəɹətˌɪv səsˈa͡ɪ͡əti] (IPA)

A cooperative society is a type of organization where a group of individuals work together for their mutual benefit. It represents a unique business model for sharing resources and profits. There are several alternative terms that can be used interchangeably with a cooperative society. These include a co-op, cooperative enterprise, collective economy, mutual society, and community-owned business. Each of these terms emphasizes a different aspect of what a cooperative society represents, but all share the same overarching principle of collaboration and mutual aid. Whether it's a small group of farmers pooling resources to market their products or a large community-owned electricity provider, all cooperative societies embody the same spirit of cooperation and solidarity.

Related words: coop society, cooperatives, cooperative business, cooperative meaning, cooperative principles, cooperative business structure, cooperative types

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