Question

What are the advantage of forming cooperatives​

Answer 1

There are many advantage s of cooperatives:-

1. Easy formation

2. Limited liability

3. Perpetual Existence

4. Social services

5. Tax advantages

6. Open membership

Answer 2

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Cooperatives create social relations that enable individuals to achieve goals that they may not otherwise be able to achieve by themselves. For example, cooperatives can help farmers benefit from economies of scale by lowering their costs of acquiring inputs or hiring services such as storage and transport.♥️