Question: The birth of cooperative movement is in the following country
Options:
India
England
USSR
USA
• The modern cooperative movement is widely recognized as having originated in England during the early 19th century. The most significant event in this origin story is:
-The Rochdale Pioneers: In 1844, a group of weavers in Rochdale, England, founded a cooperative grocery store. They aimed to provide high-quality goods at fair prices and share profits among members. Their principles of cooperation, including democratic member control and social responsibility, became the foundation for the modern cooperative movement.
🔑Key Points: The first co-operative society in the world was established in England.
-Co-operatives started out as small grass roots organizations in Western Europe, North America and Japan in the middle of the last century.
-However, the it is the Rochdale Pioneers that is regarded as the prototype of the modern co-operative society and the founders of the Co-operative Movement.
-In 1844 a group of 28 artisans working in the cotton mills in the town of Rochdale, in the north of England established the first modern co-operative business.
Additional Information
✏The characteristics/principles of co-operative society are:
-Open Membership / Universality: The membership of a Co-operative Society is open to all those who have a common interest, those who are convinced of its benefits, and those who are prepared to share the benefits and responsibilities involved in such membership.
-Unity or Political and Religious Neutrality:
-Unity is the fundamental force behind all co-operative organizations.
-It is above all beliefs, faiths, and convictions.
-Voluntary Association: Members join the co-operative society voluntarily, that is, by choice.
-Self-help through Mutual Cooperation: Co-operative Societies thrive on the principle of mutual help.
-Principles of Publicity: The co-operative organizations do not believe in maintaining secrecy about their working and progress.