Question

Buying and selling involves profits,loss, manipulation and exploitation. In the light of this statement discuss the role of cooperatives.

Answer 1

Co-operatives are organizations of particular business or companies that functions with the aim of providing services to its members.

Providing proper services is the prime focus of such houses. Irrespective of the economic status of an individual, co-operatives grant open membership to its buyers.

Therefore, profit, loss and other types of manipulations that are encountered in large organizations and other companies are encountered less in co-operatives.

Answer 2

Heya mate
The answer of ur question is

♢ Buying and selling involves profits,loss, manipulation and exploitation involved cooperative

Cooperative are the organisation which acts as a function to provide services and jobs to its members .


They only aim to provide services to their members, don't based on economic status .


hope it helps