noun
- groups of people who work together and share responsibilities equally
- businesses or organizations owned and operated jointly by members
Usage: business
Examples
- The artist collectives in the neighborhood share studio space and resources.
- Many farming collectives were established to help small farmers compete with large corporations.
- Worker collectives allow employees to have equal say in business decisions.
- The housing collectives provide affordable living options for residents.
- Several media collectives emerged to provide alternative news sources.
- Food collectives help communities access fresh, local produce at lower costs.