The following arethe objectives and goals of a cooperative except ONE.
a. Provide good and services to its members to enable them to attain increase income, savings, investments and purchasing power.
b. Allow the higher income and higher privileged group to increase their ownership in the wealth of the nations.
c. Teach them efficient ways of doing things in a cooperative manner.
d. Provide optimum social and economic benefits to its members.
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hellos they will die according to wikipedia
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All of the given options are the goals and objectives of a cooperative except to allow the higher income and higher privileged group to increase their ownership in the wealth of the nations.
- Cooperative in simple terms means, people who have joined hands together are willing to work with each other to achieve some common objects and goals.
- Cooperative is a type of a mutually beneficial organization where all it's members develop self-respect for each other and strives to becomes self-sufficient to satisfy their needs.
- Cooperative is usually formed by people who lacks resources and do not earn much. These type of people fall in the low income group category. Cooperative helps such underprivileged people.
- It also provides economic and social advantages to the members of the cooperative.
Hence, option (b) is the correct answer.
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