ELI5: Explain Like I'm 5

Social economy

Social economy is a way of organizing our economy so that everyone has a chance to benefit from it. It means that our economy should work for all of us, not just some of us. In social economy, we're all stakeholders. We all have a say in how our economy works, so that we all get to benefit from it. To make sure that everyone gets their fair share, the government or other organizations may give out money or services to those in need. This way, everyone has the same chance to get ahead.