What is co-operative organization?
Co-operative organization as an independent association ofpeople united voluntarily to meet their common economic,social, cultural needs and goals through a jointly ownedand democratically controlled business.
Write down two points showing advantages of co-operatives?
Any two points that shows advantages of co-operatives are:
- Cooperatives are made for imparting social services.
- A co-operative doesn't need to pay any taxes.