Business Studies, asked by renudube80, 5 months ago

Q12. WHY IS A CO-OPERATIVE SOCIETY CALLED TRANING SCHOOL OF DEMOCRACY?

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Answered by singhmayank01874

3

Answer:

The management is elected through one man one-vote system. The day-to-day work is conducted by expert persons but the ultimate control lies with the members. In a co-operative, democracy is more than a system, it is a condition of its business success. Co-operative business stands or falls with democracy.

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