Answer to Question #86329 in Microeconomics for mavreen

Question #86329
Explain why the cooperative model of organization has emerged.
1
Expert's answer
2019-03-14T18:27:03-0400

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


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