👉 In economics and business, a cooperative is an organization that operates under the principle of voluntary cooperation rather than coercion. Coopers are often members who voluntarily join together to form a shared enterprise or undertaking. They may be formed for various purposes such as providing goods or services, sharing resources, or achieving common goals. In some cases, cooperatives operate in partnership with other entities, such as government agencies or non-profit organizations. Coops are generally run by elected representatives and have a board of directors made
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