108k views
2 votes
What do you mean by cooperatives?​

2 Answers

2 votes

Answer:

"An association or corporation established for the purpose of providing services on a nonprofit basis to its shareholders or members who own and control it."

Step-by-step explanation:

in simpel words also explanation:-

"A cooperative is an autonomous association of people who voluntarily cooperate for their mutual social, economic, and cultural benefit."

User Zakaria AMARIFI
by
4.6k points
6 votes

Answer:

a farm, business, or other organization which is owned and run jointly by its members, who share the profits or benefits.

"we run the agency as a workers' cooperative"

User Gastaldi
by
3.9k points