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International co-operative alliance defines cooperative as "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs" cooperative is based on self help, self responsibility, equity, equality, democracy, honesty, openness, social responsibility etc. First cooperative organization was started in 1844 and within ten years there were 1000 cooperative societies were founded in united kingdom.
International co-operative alliance defines cooperative as "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs" cooperative is …