Definition
Cooperative refers to an organization or business that is owned and operated by its members for their mutual benefit. It can also describe behavior in which individuals or groups work together to achieve a common goal.
Parts of Speech
Pronunciation
The pronunciation of "cooperative" varies slightly between American and British English, with differences in stress and vowel sounds.
Etymology
The word "cooperative" comes from the Latin word "cooperari," meaning "to work together," which is composed of "co-" (together) and "operari" (to work). The modern usage in English dates back to the 19th century, particularly with the rise of cooperative businesses and movements aimed at mutual economic benefit.
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Usage
The term "cooperative" is widely used in business, agriculture, and social organizations to refer to entities where the members share ownership and decision-making. Cooperative businesses, such as credit unions, consumer cooperatives, or agricultural cooperatives, are formed to meet the common economic, social, or cultural needs of the members. It is also used in a general sense to describe individuals or groups working together toward a shared goal, highlighting teamwork and collaboration.
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