What is a Co - WhatisaCoop?

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What is a Co-op?  A co-operative (co-op) is an enterprise that is jointly owned and  co-ops keep  the benefits of business within a community, rather than simply benefiting the  pockets of City investors; co-ops promote democracy, give people the right to  have a say and therefore empower them, rather than them being simply the  means by which the company makes a profit, often at their expense but to the  benefit of financial investors. Co-operatives can provide innovative, flexible  solutions to a variety of social and economic problems. What is a Credit Union?  A credit union is a not-for-profit cooperative financial institution, owned and  controlled by the people who use its services. What are the Different Types of Co-ops?  There are five basic types of co-operatives which can be established as either  business co-ops or not-for-profit co-ops: TYPES EXAMPLES * Consumer - food, supply, goods * Financial - credit unions, insurance * Marketing - agricultural, crafts, trades * Service - housing, health care, child care, recreation, media
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* Worker - any type of business collectively owned and controlled by the  employees.
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This note was uploaded on 01/11/2012 for the course ECONOMICS 1010 taught by Professor Aandan during the Spring '10 term at York University.

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What is a Co - WhatisaCoop?

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