What is a cooperative movement? Why does anees suggest bangle makers to form a cooperative?what role model can they follow?answer with100to150 words
Answers
Answer:
A cooperative movement is a socioeconomic idea that entails people joining forces freely to create an organisation that is collaboratively owned and run for the benefit of its members.
Explanation:
Together, these participants work towards achieving shared objectives like community improvement, social well-being, and economic empowerment. In democratic cooperatives, each member participates equally in decision-making and receives a share of the benefits or profits the cooperative generates.
Anees advises bangle makers to establish a cooperative because it might offer them a variety of advantages. Bangle producers can increase their bargaining power, increase their earnings, and have better access to markets and resources by establishing a cooperative in which they can pool their resources, share their risks, and market their goods jointly. Additionally, cooperatives encourage members to work together, cooperate, and support one another. These traits can foster a sense of community and enhance the socioeconomic standing of bangle makers.
Anees can advise following the example of prosperous cooperatives in related fields, like the Amul cooperative in India, which is a well-known illustration of a prosperous cooperative in the dairy sector. Amul has given millions of small dairy farmers the tools they need to succeed by giving them a platform to work together.
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