Question

Social aspect of Co-operation aims at

• A. accumulation of wealth
• B. lowering the cost of goods
• C. creation of individual happiness
• D. increasing market competition

Answer 1

Answer:

C. creation of individual happiness

Social Aspects o Co-operation:

• It aims at the creation of individual happiness.
• "Membership in a Co-operative Organization is meant for fitting men for public service and by its principles, it fosters the spirit of citizenship."

The main social values provided by Co-operative organizations are:

1. It trains people to take initiative in organizing.
2. It creates responsibility in administration and direction.
3. It creates experts to carry on enterprises in their own interest.