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The Economic Advantage of Co-operatives

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The Economic Advantage of Co-operatives
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Sunanda K. Chavan
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The Economic Advantage of Co-operatives - September 28th, 2010

The Economic Advantage of Co-operatives



The economic benefits, which flow from the co-operative actions, are as follows:




a. Service to the relatively weaker sections of society with due emphasis on the satisfaction of human needs through appropriate production activities and at lowest cost possible.



b. A more egalitarian distribution of wealth and income.



c. Protection of consumers from monopoles and other forms of centralized combinations



d. Higher wages and improved receipts for the working member communities of the organization.



e. Institution of a more economic and efficient distribution system, eliminating the exploitative middlemen, avoiding unproductive overlapping activities, and eliminating fraudulent practices such as higher costs, short weights and adulterated goods.


f. More purposeful and publicized practices in business management and operations



g. Contribution to stabilization of costs, prices and incomes for the benefits of the members covered.



h. More meaningful generation of employment principles with fair terms to workers in the organization, providing at the same time, opportunities for self-development and progress.
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Jitendra Mazee
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Re: The Economic Advantage of Co-operatives - January 19th, 2018

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Originally Posted by sunandaC View Post
The Economic Advantage of Co-operatives



The economic benefits, which flow from the co-operative actions, are as follows:




a. Service to the relatively weaker sections of society with due emphasis on the satisfaction of human needs through appropriate production activities and at lowest cost possible.



b. A more egalitarian distribution of wealth and income.



c. Protection of consumers from monopoles and other forms of centralized combinations



d. Higher wages and improved receipts for the working member communities of the organization.



e. Institution of a more economic and efficient distribution system, eliminating the exploitative middlemen, avoiding unproductive overlapping activities, and eliminating fraudulent practices such as higher costs, short weights and adulterated goods.


f. More purposeful and publicized practices in business management and operations



g. Contribution to stabilization of costs, prices and incomes for the benefits of the members covered.



h. More meaningful generation of employment principles with fair terms to workers in the organization, providing at the same time, opportunities for self-development and progress.
Hey friend, thanks for your sharing and i am sure it would help many people. Well, I also want to share some information on The Economic Advantage of Co-operatives so that more and more people can take benefit from your thread.
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