Question

Explain how a cooperative organisation is democratic institutions?

Answer 1

Dear Student

"How a cooperative organisation is democratic institutions"
For better understanding of this statement we can compare features of cooperative organisation and democratic institutions"

cooperative organisation
1. Voluntary membership
2. Liability of members is unlimited, with no profit motive
3. Democratic control. one person one vote.no proxies would be permitted.

democratic institutions"

1. one person one vote.
2. no profit motive, only social welfare
3. voluntarily people can participate in it.

all features of both are same so, cooperative organisation is said to be a democratic institutions.

Note: In a cooperative society the principle of "one man one vote" is adopted.A member has only one vote irrespective of the number of shares held by him.Thus,a cooperative society is run on democratic principles.

Regards