Trade associations are organizations formed by businesses and professionals within a specific industry. Their primary purpose is to promote the interests of their members, provide resources, and facilitate networking opportunities. These associations often conduct research, offer training programs, and advocate for policies that benefit the industry as a whole. Members of trade associations can include companies, individuals, and even government entities. By joining, members gain access to valuable information, industry standards, and best practices. Examples of trade associations include the National Retail Federation and the American Medical Association, which serve to enhance the effectiveness and competitiveness of their respective sectors.