Question

Difference between collective farming and cooperative farming

Answer 1

A cooperative is an organization that is owned and democratically-governed by its members.  Each member owns one voting share, and has one vote on major decisions as outlined in the organization's bylaws.  Cooperatives generally adhere to the seven principlesoutlined by the International Cooperative Alliance.  A collective is an organization that is managed without hierarchy.  This means that every member has equal decision-making power.  Some decisions may be delegated to individual members or sub-committees, but no one has the special, un-recallable authority usually granted to a manager.  The legal structure will specify that all Members are automatically Directors and must accept the responsibilities of Directorshop, or that the organization is managed by Member meetings.