Answer to Question #86329 in Microeconomics for mavreen

Question

Explain why the cooperative model of organization has emerged.

Answer 1

Cooperative businesses are typically more economically resilient than many other forms of enterprise, with twice the number of co-operatives (80%) surviving their first five years compared with other business ownership models (41%). Cooperatives frequently have social goals which they aim to accomplish by investing a proportion of trading profits back into their communities.

Source:

https://en.m.wikipedia.org/wiki/Cooperative