ELI5: Explain Like I'm 5

Co-operative economics

Co-operative economics is about people working together to help each other and their community. It's a kind of economics where everyone involved works to help each other out. For example, a group of farmers might get together and start a co-operative to buy things for their farm cheaper, share resources, and help support each other. Or a group of people in a neighborhood might start a co-operative to buy food, goods and services from local businesses, so everyone in the neighborhood benefits. In both cases, everyone in the group has a say in how things are done and works together to achieve their goals.