Back to Course

SS1: ECONOMICS - 2ND TERM

0% Complete
0/0 Steps
  1. Firms & Industry | Week 1
    4 Topics
  2. Firms & Industry (Business Organisation) | Week 2
    5 Topics
    |
    1 Quiz
  3. Population Theory I | Week 3
    3 Topics
  4. Population Theory II | Week 4
    3 Topics
  5. Population | Week 5
    3 Topics
  6. Population Distribution | Week 6
    4 Topics
  7. Population Census | Week 7
    3 Topics
    |
    1 Quiz
  8. Labour Market | Week 8
    3 Topics
    |
    1 Quiz
  9. The Nature of the Nigerian Economy | Week 9
    4 Topics
    |
    1 Quiz
  10. Agriculture | Week 10
    4 Topics
    |
    1 Quiz



Lesson Progress
0% Complete

Topic Content:

  • Meaning of Co-operative Society
  • Characteristics of Co-operative Society
  • Types of Co-operative Society
  • Importance / Characteristics of Co-operative Societies
  • Advantages of Cooperatives Society
  • Disadvantages of Co-operative Society

This is a business firm owned and run by a particular group of people who have similar interests and come together to achieve a common economic and social objective. Each of the members has one vote during general meetings irrespective of the value of shares held. Cooperative societies are registered in accordance with the cooperative acts of the country.

Nigerian Co-operative Societies Act is a Federal Law that grants powers to the Governor of each state to establish a Directorate for Cooperatives which will be in charge of registering and regulating cooperatives.

Characteristics of Co-operative Society:

 

You are viewing an excerpt of this Topic. Subscribe Now to get Full Access to ALL this Subject's Topics and Quizzes for this Term!

Click on the button "Subscribe Now" below for Full Access!

Subscribe Now

Note: If you have Already Subscribed and you are seeing this message, it means you are logged out. Please Log In using the Login Button Below to Carry on Studying!

Responses

Your email address will not be published. Required fields are marked *

error: Alert: Content selection is disabled!!