Question on: WAEC Economics - 2014
Co-operative societies formed to market the output of their members are called
A
Consumers' co-operative societies
B
marketing co-operative societies
C
Credit and thrift co-operative societies
D
Producers' co-operative societies
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Correct Option: B
Marketing Co-operatives: They are voluntary associations of producers formed with the objective of ensuring a steady market for the output of members. Marketing Co-operatives are especially suitable for marketing of agricultural products.
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