What is the collective economy?

Collective economy refers to an economic form composed of collective ownership economic organizations and collective economic members. It has the following characteristics:

1. Collective ownership: The main body of the collective economy is composed of farmers' cooperatives, collective enterprises and other collective ownership economic organizations.

2. Members of the collective economy: participants in the collective economy are members of the collective economy, who * * * participate in economic activities and * * * enjoy economic achievements.

3.*** Cooperation: Members of the collective economy jointly operate production activities, and * * * share risks and responsibilities.

4.*** Enjoy the benefits: Members of the collective economy enjoy the economic benefits and distribute the profits according to a certain proportion.

5. Self-management: Collective economic organizations have certain self-management rights and can decide their own economic activities and management methods.

Collective economy is particularly common in rural areas, which can promote farmers' collective labor and cooperation, improve agricultural production efficiency and increase farmers' income. In addition, the collective economy also has problems such as inflexible decision-making mechanism and low efficiency.