1.

Visit a dairy cooperative or any other such organization in your area, and then write an essay on the way it works.

Answer»

A cooperative can be set up by a minimum of 15 persons for attaining some economic and social goals through cooperative activities. They pool their money and resources in this committee as per their target. They are registered with the cooperative department. It is administered by members elected from amongst its members. All the members work together and an account of all income and expenditure is properly maintained. If the committee wants, it can borrow money and take financial help from other sources. All the members are equally responsible for profit or loss. It works on the basis of one for all and all for one.



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