GK
CO OPERATION CO OPERATIVE SOCIETIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is based on the principle of self interest, maximization of profits and exploitation.
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socialism
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capitalism
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co-operation
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trade unionism
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Explanation:
Detailed explanation-1: -The democratic basis of this principle is that every member of a primary society has equal voting rights (one member-one vote) and that co-operatives at other levels are also organised and run in a democratic manner.
Detailed explanation-2: -The principle of ‘one share one vote’ is used in the poll voting method.
There is 1 question to complete.