Community ownership refers to a model where local residents collectively own and manage resources, assets, or services within their area. This approach empowers communities to make decisions that directly affect their lives, fostering a sense of responsibility and engagement. Examples include community land trusts and cooperatives, which allow members to share benefits and responsibilities. In community ownership, the focus is on collaboration and inclusivity, ensuring that all voices are heard. This model can lead to improved local economies, enhanced social cohesion, and sustainable development, as residents work together to address their unique challenges and opportunities.