12 Facts About Cooperative society

1.

Cooperative society is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".

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2.

Cooperative society businesses are typically more productive and economically resilient than many other forms of enterprise, with twice the number of co-operatives surviving their first five years compared with other business ownership models according to data from United Kingdom.

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3.

In 2014, the International Co-operative Alliance introduced the Cooperative society Marque, meaning ICA cooperatives and WOCCU credit unions can be identified through a coop ethical consumerism label.

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4.

Cooperative society communities were set up in Glasgow, Indiana and Hampshire, although ultimately unsuccessful.

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5.

Also in 1810, Rev Henry Duncan of the Ruthwell Presbyterian Church in Dumfriesshire, Scotland founded a friendly society to create a cooperative depository institution at which his poorest parishioners could hold savings accounts accruing interest for sickness and old-age, which was the first established savings bank that would be merged into the Trustee Savings Bank between 1970 and 1985.

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6.

The International Cooperative society Alliance was founded in London, England on 19 August 1895 during the 1st Cooperative society Congress.

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7.

Cooperative society had started his career in chemistry in Valio, a cooperative of dairy farmers in which he headed the research department for 50 years and where all his major inventions were first put to practice.

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8.

Cooperative society movement has been fueled globally by ideas of economic democracy.

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9.

Cooperative society is a legal entity owned and democratically controlled by its members.

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10.

Cooperative society banks were over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report.

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11.

Cooperative society brings together all the participants in the food chain from farm to fork, represented by six different categories of members:.

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12.

Less seriously, in Murder in the Collective, Barbara Wilson sets a murder mystery among radical printing collectives in Seattle, while Frances Madeson's 2007 comic novel Cooperative society Village is set in the eponymous housing co-operative in New York.

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