The pooling of resources and coordination of effort and activity by a group of people to achieve common goals is called

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Quizplus · Accepted Answer

This is the definition of collective action, where individuals come together to achieve a common goal by pooling their resources and coordinating their efforts. Free riding is the act of benefiting from a collective effort without contributing to it, while formal and informal bargaining refer to specific negotiation processes. Altruistic mutual advancement is not a commonly used term in this context.

The Pooling of Resources and Coordination of Effort and Activity