Economy, asked by kjacob1977, 1 year ago

what is cooperative

Answers

Answered by manish7138
1

A cooperative (also known as co-operative, co-op, or coop) is "an autonomousassociation of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise".[1] Cooperatives may include.


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Answered by vamritaeunameun
9

Answer:

Cooperatives are people-centred enterprises owned, controlled and run by and for their members to realise their common economic, social, and cultural needs and aspirations.

Cooperatives bring people together in a democratic and equal way. Whether the members are the customers, employees, users or residents, cooperatives are democratically managed by the 'one member, one vote' rule. Members share equal voting rights regardless of the amount of capital they put into the enterprise.

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