Cooperative enterprises are businesses owned and operated by a group of individuals who share common goals and interests. Members work together to meet their needs, whether for goods, services, or employment. Profits are typically distributed among members based on their participation, rather than being concentrated in the hands of a few owners. These organizations can take various forms, such as credit unions, food co-ops, or worker cooperatives. They emphasize democratic decision-making, where each member has a say in how the business is run. This structure fosters a sense of community and collaboration, promoting social and economic benefits for all involved.