What is the purpose of forming a cooperative society? Describe the
characteristics of cooperative societies.
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◦•●◉✿The main purpose of a Co-operative Society is to provide service to its members. For example, in a Consumer Co- operative Store, goods are sold to its members at a reasonable price by retaining a small margin of profit. It also provides better quality goods to its members and the general public.✿◉●•◦
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