App Logo

No.1 PSC Learning App

1M+ Downloads
The impact of Owen’s New Harmony experiment included:

AInspiring the future cooperative movement

BCreating wealthy industrial tycoons

CEstablishing dictatorship

DNone of the above

Answer:

A. Inspiring the future cooperative movement

Read Explanation:

ROBERT OWEN

Labor Colonies / Co-operative Colonies

  • Introduced the idea of “Associationism” – communities based on cooperation and mutual benefit.

  • Called these "Village Communities"

  • Famous example: New Harmony (USA, 1826)

  • Though New Harmony failed, it inspired the future cooperative movement

New Harmony

  • New Harmony – The First Co-operative Colony (1826)

  • Location: Indiana, USA

  • Founder: Robert Owen

  • In 1826, Robert Owen established a co-operative village called New Harmony in the United States.

  • It was based on his belief in self-help through mutual help

Objectives of New Harmony

  • To create a self-sufficient community where members produced and shared resources collectively.

  • To eliminate middlemen and unnecessary profits.

  • To abolish private profit, which Owen believed was the root of all social problems.

  • To provide goods on credit at lower prices than the market.

  • To build a new moral world based on equality, cooperation, and education.

Impact

  • Though the colony eventually failed, it was a bold social experiment.

  • It inspired future co-operative movements across the world.

  • “These co-operative colonies sowed the seeds of cooperation, which later on sprouted and became a great movement.”


Related Questions:

Kolkhoz is the name of the --- in Russia
The word … literally means to work together or act together.
The .. is the apex federation of the consumer cooperatives in India.
After the affairs of the society has been wound up the liquidator has to keep all the books and records in his office for
NCCF was set up on … and is administered under the Multi State Cooperative Societies Act 2002