A KIBBUTZ, for one, is a type of cooperative community found in Israel. It is a collective society that is based on the principles of socialism and mutual aid. The term 'KIBBUTZ' is derived from the Hebrew word for 'GATHERING' and is often used to refer to any collective agricultural settlement in Israel. The term 'COOP' is an abbreviation for cooperative, which is a business or organization owned and operated by its members for their mutual benefit.