Question

Pls, answer this question as soon as possible.
I will mark it as brainliest.
Do you think that weaker and unorganized sections of the society benefit anything from forming cooperative societies and other organizations? List any three benefits in your own words.

Answer 1

Explanation:

A co-operative form of business organization is different from other forms of organizations. It is a voluntary association of people with collectively owned fund, organised on the democratic principle of equality, who join together to supply for their requirements through mutual action, and in which the objective is service rather than profit.

The primary objective of forming a co-operative is to protect the economically weaker sections of the society from the oppression of the economically organised strong segment of the society.