which principle is followed in a cooperative society..???experts please answer fast.

Dear student.

The principles followed by Cooperative society are:

1) One Man, One Vote: every member of society is given one vote irrespective of contribution towards the number of shares held.

2) Service Motive: The primary aim of members of society is to serve the members of society.

3) Autonomy: Society is a self governing institution. It is self-sufficient, self-controlling.

4) Democratic management: the management of society is done of democratic basis.


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