Group economics can be defined as a group of people who have the same economic interests. This group has an agreement to work together in pursuit of that interest, secure and sustainable for everyone involved. Primarily when one thinks both economically on a community level, this is what they think about it being most applicable to- but groups can start anywhere from within large families too! Group economics are also great business models- you'll take your small business to new heights by focusing on the values in these kind of economies.
The use of group economics is a win for everyone involved. Any family, business, or community can thrive off of these 5 basic practices of group economics. See where you can start in your personal life. Empower your dollar by working with your group. As they say, “many hands make light work.”
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