Question

How are co-operative societies formed? Explain.
What values do these societies promote?

Answer 1

Hi friend here is your answer......

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co - operative societies are basically formed to provide service to it's members. it is a voluntary organization which attempts to serve common purposes of people who have started it.

Some of the features of the cooperative societies are as follows

1) Main purpose is to serve members of the society

2) It will be a voluntary organization

3)It will be formed under nonprofit motive


Hope it helps you............!!
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