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Associations and Enterprises | Week 13 Topics
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Co-operative Societies I | Week 23 Topics
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Co-operative Societies II | Week 33 Topics2 Quizzes
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Public Enterprises | Week 45 Topics1 Quiz
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Limited Liability Companies | Week 54 Topics
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Formation of Limited Liability Companies | Week 61 Topic
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Limited Liability Companies III | Week 73 Topics3 Quizzes
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Trade Associations and Other Enterprises | Week 81 Topic
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Chamber of Commerce | Week 91 Topic
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Other Forms of Trade Association | Week 101 Topic1 Quiz
Robert Owen established the first co-operative societyThe term society is derived from the Latin word 'socius' meaning friendship or companionship. Society is a community, nation or group of people who share the same traditions, institutions, rules and... More at New Lanark in England between 1771 and 1858. The first-ever successful consumer cooperative society known as Rochdale Pioneers was launched by twenty-eight zealous men in 1844.
The first producer’s cooperative society was established by cocoa farmers in 1922 in Nigeria. They aimed at securing loans and getting reasonable prices for their products easily.
Cooperative societies can be found virtually in all commercial activities and have contributed to the economy and at the time helped to improve the standard of living of their members.
I understand
Very understandable