The co-operative movement. - SS1 Commerce Past Questions and Answers - page 1
1
What is the cooperative movement?
A
A collective effort to meet common needs through cooperation
B
A political movement advocating for equality
C
A religious movement focused on community building
correct option: a
A collective effort to meet common needs through cooperation
2
What is a key characteristic of cooperatives?
A
Individual ownership and control
B
Democratic decision-making and member ownership
C
Exclusive membership for wealthy individuals
4
What role do cooperatives play in society?
Cooperatives empower marginalized communities, promote economic self-reliance, and foster social solidarity. They provide access to essential services, create jobs, reduce poverty, and advance sustainable development.