GK
CO OPERATION CO OPERATIVE SOCIETIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The “Rochdale Friendly Cooperative Society” was formed in
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1530
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1630
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1730
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1830
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Explanation:
Detailed explanation-1: -In 1844 a group of 28 artisans working in the cotton mills in the town of Rochdale, in the north of England established the first modern co-operative business, the Rochdale Equitable Pioneers Society .
Detailed explanation-2: -Most scholars recognize the business of the Rochdale pioneers of England as the first coop. In 1844, this group of 28 men (weavers and skilled workers in other trades) formed a cooperative society. They created business principles to guide their work and established a shop in which to sell their goods.
Detailed explanation-3: -Solution. Rochdale Society of equitable pioneers was started by Robert Owen.
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