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Which of the following was NOT an objective of New Harmony?

ATo create a self-sufficient, collective community

BTo eliminate middlemen and unnecessary profits

CTo maximize private profit

DTo build a new moral world based on equality

Answer:

C. To maximize private profit

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.”


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Who was the first President of Rochdale Pioneers Equitable Co-operative Society.?

A member of registered society with unlimited liability, cannot transfer any shares held by him or his interest in the capital of the society unless.

  1. He has held that share for at least one year.

  2. He has held that share for at least 6 months.

  3. The transfer and change are made to the society or to a member of the society.

  4. The transfer and change are not made to the society or to a member of the society.

    Which of these options are correct?