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The Cooperative Trading Organization, started by William King in 1827 ?

AThe Society for Promoting the Principles of the Poor Laws

BThe Association for the Support of Mercantile Enterprises

CBritain Cooperative Benevolent Fund Association

DThe Society for the Encouragement of Fair Trade Practices

Answer:

C. Britain Cooperative Benevolent Fund Association

Read Explanation:

Dr. William King (1786–1865)

  • Born on 17 th April 1786

  • Birth Place : Ipswich ,UK

  • Nationality: British

  • Profession: British Physician, social reformer, and co-operative pioneer.

  • Christian socialist

  • Known As: The intellectual father of the co-operative movement in England

  • Role: Early co-operative leader, reformer, and ardent follower of Robert Owen.

  • He advocated smaller and compact type of colonies.

  • According to William King, Only men of knowledge was the basic things for the success for the co-operatives.

  • William King give importance to family.

  • According to William King Family is considered to be the nucleus for cooperative life.

Philosophy & Contribution:

  • Believed education and morality were essential to successful co-operation.

  • Strong advocate of self-help, mutual aid, and democratic management.

  • Emphasized that co-operatives should be owned and managed by the members themselves.

  • His motto: “Knowledge and union are power. "power, directed by knowledge is Happiness is end of creation.

  • Founded "The Co-operator" (1828): A journal aimed at spreading co-operative ideas and educating workers.

  • Promoted consumer co-operative stores run by and for workers.

  • His writings influenced the Rochdale Pioneers, who developed the foundational principles of the modern cooperative movement.

  • He founded cooperative store in Brighton.

  • Dr William King Hospital started in 1821 in Brighton.

  • Acquiring knowledge is one of the first principle of cooperation by Dr William King.

  • Pioneer in cooperative trading organization.

  • Cooperative trading organization meant for doing retail consumer business.

  • Cooperative Trading Organization “Britain Cooperative Benevolent Fund Association started by William King in 1827.


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