Which business structure allows owners to operate independently while enjoying the benefits of shared resources?

Study for the IGCSE Economics Test. Dive into multiple choice questions and informative flashcards, each with hints and clear explanations. Boost your exam readiness!

The structure that allows owners to operate independently while enjoying the benefits of shared resources is a cooperative. In a cooperative, individuals come together to pool their resources for mutual benefit, such as purchasing supplies in bulk or sharing marketing costs. Each member retains their independence in terms of decision-making and operations but collaborates with other members to achieve larger economies of scale and improved services or products. This model fosters a sense of community and shared interest among the members, making it a unique and advantageous choice for those looking to benefit from collaboration without losing autonomy.

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