Yes, reindeer and caribou are actually the same species. The term "reindeer" is often used to refer to domesticated reindeer, while "caribou" is used to refer to wild reindeer. Reindeer were domesticated by humans thousands of years ago and have been bred for their meat, milk, hides, and antlers. They are also used as pack animals for transportation and as a source of power for pulling sleds and sleighs. Wild reindeer can be found in the Arctic and subarctic regions of the world.