Economics · Business Organization
Why are consumer cooperative societies primarily formed?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To provide the members with macro financial loans
- 2To safeguard the consumers' interests against exploitation by eliminating middlemen✓
- 3To market the goods produced by small scale industrial artisans
- 4To provide the general members with subsidized housing facilities
Correct answer
To safeguard the consumers' interests against exploitation by eliminating middlemen
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