THE IMPORTANCE OF STUDYING PRINCIPLES AND ECONOMICS OF CO-OPERATIVE AS A QUALIFYING SUBJECT

ABSTRACT

The problems faced by co-operatives and students studying co-operative Economics stems from their lack of understanding of the co-operative principles and the uniqueness of the co-operative Business Enterprise.

In this project the principles of co-operative were reviewed to enable readers understand the basic concept underlying the co-operative principles. It analyzed the basic steps to be taken in the organization of a viable co-operative society, since it possess a major problem in the co-operative movement.

I hope that co-operators who read this project will be able to at least be able to organize a successful co-operative society.

TABLE OF CONTENTS

PREFACE I

ACKNOWLEDGEMENT II

DEDICATION III

COVER PAGE IV

TITLE PAGE V

APPROVAL PAGE VI

Chapter One

Meaning of Co-operative

Co-operative Value

Chapter Two

Principles of Co-operative Business

I.C.A Principles of 1937

Voluntary and Open Membership

Democratic Member Control

Member economic participation

Autonomy and Independence

Education, Training and Information

Co-operation among Co-operatives

Concern for Community

Chapter Three

The Rochdale Pioneers I.C.A

Aim of the I.C.A

I.C.A Membership

Types of membership

1. Collective membership

2. Individual membership

3. Ordinary membership

Rights of members.

Duties of members

Past I.C. A Congresses

Chapter Four

Introduction

Reasons for joining co-operatives

i. Economic motive

ii. Sociological motive

iii. External pressure

Classification and Types of co-operatives

Producer co-operative society/movement

Chapter Five

i. Findings

ii. Recommendations

iii. Conclusion

BIBLIOGRAPHY