Question

what is cooperative ? give examples? how cooperative is helpful​

Answer 1

Most simply, cooperatives can be categorized by their purpose; their members procure from and/or provide goods and services to the cooperative. For example, members of grocery cooperatives procure grocery items from their cooperatives while members of worker cooperatives provide their labor to their cooperative.

hope it helps you ❤️...

Answer 2

Answer:

A cooperative is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned enterprise".

For example, members of grocery cooperatives procure grocery items from their cooperatives while members of worker cooperatives provide their labor to their cooperative.

Because cooperatives are run by and for local people, they develop, and pass on, the business expertise. Profits generated stay local, and are invested in the cooperative, the local area or distributed to the local owners. Cooperatives are an effective tool for self-help.