Economy, asked by sparida8672, 1 year ago

Sugar industry is ideally suited for cooperative sector why

Answers

Answered by suhanirao1805
2

Answer:Cooperative sector industries are industries owned and managed by a private individual with the help of a group of people.

The sugar industry is ideal for the cooperative sector because sugar produced in these industries can be stored very conveniently, traded easily and the quality of the sugar produced does not usually degrade and remains uniform.

Also when a larger quantity of sugar is produced in the mills, the production costs go down.

alternative answer

The sugar industry is seasonal in nature and so ideally suited to the cooperative sector. For the entire year the farmers are engaged in producing sugarcane as it is an annual crop. When the crop is reaped, ten farmers pool together their resources, set up mills within the sugar cane producing areas and produce sugar. The seasonal nature of the sugar industry is combated by setting up cooperative where farmers share the profit and losses.

Explanation:

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