Cooperative. In short, a coop can be defined as "a jointly owned enterprise engaging in the production or distribution of goods or the supplying of services, operated by its members for their mutual benefit, typically organized by consumers or farmers.
"[4] Cooperative businesses are typically more economically resilient than many other forms of enterprise, with twice the number of co-operatives (80%) surviving their first five years compared with other business ownership models (41%).[5] Cooperatives frequently have social goals which they aim to accomplish by investing a proportion of trading profits back into their communities. The Co-operative. Welcome to the New Zealand Cooperatives Association. Co-operative economics. Co-operative economics is a field of economics that incorporates socialist economics, co-operative studies, and political economy toward the study and management of co-operatives.
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