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Economics

Study Notes

Producer Cooperatives

Level:
AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Co-ops are owned and run by their members, who can be customers, employees or groups of businesses.

The supermarkets-to-funerals Co-op Group is the biggest, followed by John Lewis Partnership, the retailer.

Farmers’ co-operatives are popular in the UK.

Other co-ops include community pubs, supporter-run football clubs and foster care and local childcare providers

These businesses are founded and run on principles of shared ownership, shared voice and shared profits.

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