GK
CO OPERATION CO OPERATIVE SOCIETIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ was a German who organized cooperative societies for providing credit to big farmers.
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Dr. Hass
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F.W. Raiffeisen
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Herr Franz Schulze
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None of these
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Explanation:
Detailed explanation-1: -The beginning of the modern co-operative movement An independently formulated co-operative model developed in Germany by Friedrich Wilhelm Raiffeisen and Franz Hermann Schultz-Delitsch. Raiffeisen and Schultz-Delitsch originally formed credit unions in 1862.
Detailed explanation-2: -Robert Owen (1771–1858) is considered as the father of the cooperative movement. A Welshman who made his fortune in the cotton trade, Owen believed in putting his workers in a good environment with access to education for themselves and their children.
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