1. An economic system based on collective ownership and cooperative management of resources and means of production by a group or community
The kibbutz operates as a collective economy where members share resources and profits.
O kibbutz funciona como uma economia coletiva onde os membros compartilham recursos e lucros.
2. A system where production and distribution are organized for the benefit of the group rather than individual profit
The cooperative adopted a collective economy model to ensure fair distribution of wealth.
A cooperativa adotou um modelo de economia coletiva para garantir distribuição justa da riqueza.