Question

write the advantages of co-operative societies:

Answer 1

Following are the important advantages or merits of cooperative society:

1. Advantage for Farmers

Farmers can get fertilizers and seeds at low prices from suchcooperative societies. Farmers

can also self their production at high rate or prices throughcooperative societies.

2. Easy Formation

the formation of cooperative society is very easy. theformalities for registration are simple

and formation expenses are also normal. The registration of a society is not compulsory but it

is desirable to have its registration.

3. Equal Rights

All members of cooperative society enjoy equal right of voteand ownership.

Each

shareholder has only one vote in the management of cooperative societies.

4. Equal Distribution of Wealth

The profit of middlemen is also distributed among theworkers. These societies remove the

unequal distribution of wealth.

Answer 2

Advantages of Cooperative Societies1.Voluntary organization.
2.The membership of a cooperative society is open to all. ...
3.Ease of formation. ...
4.Democracy. ...
5.Equitable distribution of surplus. ..6.Limited liability. ...
7.Stable existence. ...
8.Each for all and all for each. ...
9.Greater identity of interests.