A co-op, or cooperative, is a type of organization owned and operated by a group of people for their mutual benefit. Members of a co-op work together to achieve common goals, such as providing goods or services. This can include food co-ops, where members buy groceries in bulk, or housing co-ops, where residents collectively own and manage their living spaces. In a co-op, each member typically has a say in decision-making, promoting a sense of community and shared responsibility. Profits are often reinvested into the co-op or distributed among members, making it a more equitable alternative to traditional businesses.