What is the meaning of Cooperative society? For 8th class student
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A cooperative society is not a new concept. To protect the interest of weaker sections, the co-operative society is formed. ... It is a voluntary association of persons, whose motive is the welfare of the members.
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Voluntary Association: A cooperative society is a voluntary association of persons and not of capital. Any person can jo_in a cooperative society of his free will and can leave it at any time.
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