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What are cooperatives?

What are cooperatives? Here are some definitions.

Noun
  1. plural of cooperative
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However, in modern times many of these old cooperatives have demutualized and converted into stock companies to pursue higher profits.
Fewer, larger farms, low prices and keen competition have made the economic services of many cooperatives redundant.
It envisioned the state taking over idle farms and factories and turning them into cooperatives that would trade among themselves using scrip.
Large-scale embezzlement required experienced helpers, so criminal cooperatives appeared that tended to develop into so-called mafias.
Thus, five of the seven new niche-marketing cooperatives deviate from the model used by the long-established cheese-marketing cooperatives.
Cooperative Services is a leader in providing public assistance to cooperatives, much of it in an educational vein.

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