Cooperative societies are formed mainly to
...Cooperative societies are formed mainly to
Assist producers to maximize their profits
Encourage thrift and credit among members
Promote and maintain the welfare of members
Break the monopolies of private companies
Correct answer is C
Cooperative societies are formed with the aim of helping their members. It is often a voluntary association of individuals who come together with the intention of work together and to promote their economic interest.
The greatest foreign exchange earner for Nigeria before the advent of petroleum was ...
The advantages which firms obtain directly from expanding their operations are referred to as? ...
The demand curve would shift to the left when there is a rise in ...
The two largest producers of crude oil in Nigeria are ...
The most important factor determining the location of the cement industry in Nigeria today is ...
The major role of NDIC is to ...
What would encourage the growth of international division of labour? ...
Macro-economics is a study of economics science from the point of view of ...