Which are the basic elements of a cooperative?

1.	Which are the basic elements of a cooperative?
Answer» Following are the basic elements of a cooperative: 1. The membership of a cooperative is mandatory. 2. It is organized and managed with the consent of all members. 3. All members have equal powers and opportunities. 4. Along with economic goals, some social and moral goals are also included in it.

Answer»

Following are the basic elements of a cooperative:

1. The membership of a cooperative is mandatory.

2. It is organized and managed with the consent of all members.

3. All members have equal powers and opportunities.

4. Along with economic goals, some social and moral goals are also included in it.

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