Which socity fights against the big capital and bargaining d enhance the bargaining power of the small producers
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Explanation:
Co-operative societies are voluntary associations of persons formed in order to achieve certain economic objective. They are service oriented. 'Each for all and all for each' is the principle of a cooperative Society.
Co-operative societies are classified into different types according to the services rendered by them. Following are the main types of cooperative societies.
Consumer Co-operative societies: They make their bulk purchases from wholesalers and supply them in small quantities to members at a very reasonable price and also provide various services to the members. Members are given bonus and share in profits in proportion of their investments.
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Answer:
The society aims to fight against the big capitalists and enhance the bargaining power of the small producers.
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