Question

The Equitable Labour Exchange was established in:

• A. 1826
• B. 1832
• C. 1840
• D. 1850

Answer 1

Answer:

B. 1832

Equitable Labour Exchange (1832)

• Equitable Labor Exchange – 1832

• Established: 3 September 1832

• Location: England

• Founder: Robert Owen

Background

• After the failure of New Harmony (USA), Robert Owen returned to England.

• He was not discouraged and continued to pursue his cooperative ideas.

• He started the Equitable Labor Exchange to promote fair trade and worker empowerment.