120k views
4 votes
What were Friedrich Wilhelm Raiffeisen's ideas for improving the social situation of the farming population?

A) Land redistribution
B) Cooperative credit societies
C) Industrialization of agriculture
D) Abolition of private property

1 Answer

5 votes

Final answer:

Friedrich Wilhelm Raiffeisen introduced cooperative credit societies to help farmers with fair credit, promoting self-help and mutual aid.

Step-by-step explanation:

Friedrich Wilhelm Raiffeisen was a German social reformer who aimed to improve the social situation of the farming population through the creation of cooperative credit societies. These societies provided a mutual aid framework for farmers, who could collectively borrow money at fair rates and terms, eliminating their dependency on exploitative lenders. Raiffeisen's vision was a departure from traditional banking practices and focused on the principle of self-help among members.

User Blagae
by
7.8k points