How cooperatives helps the economic growth and development

The cooperative teaches farmers to be economically independent. It promotes the feelings of production pride in the rural societies. It helps the locals in improving the quality of life as well as poverty alleviation. Co-ops directly answer community needs, adjusted to local concerns. They are anchors that distribute, recycle and multiply local expertise, resources and capital. Autonomous cooperatives reach the poorest people in the community, offering upward mobility and basic infrastructure ignored by large businesses. Specific examples of benefits from cooperatives include: Food co-ops spend more revenues locally, buy more products locally, buy more organic produce, recycle more plastic, and create more jobs than conventional grocers. How Cooperatives Benefits a Community? It provides accessibility and availability. Cooperatives often provide quality goods and services to areas that are usually alienated by major corporations, Community-based growth, Money circulation, Making connections, Job opportunities, Financial services, Mitigates poverty and Women empowerment.

Hope that helps. x

there is often only a small difference between what is legal and what is ethical when working with competitive intelligence..