Main features of a co-operative

Answer 1

A co-operative is an organization owned and operated by its members for their mutual benefit. Key features include democratic governance, where each member typically has one vote regardless of their investment size, and a focus on meeting the needs of the members rather than maximizing profit. Co-operatives often emphasize community involvement, social responsibility, and equitable distribution of profits among members. They can operate in various sectors, including agriculture, retail, and finance.