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Questions and Answers
What is the primary purpose of cooperatives?
What is the primary purpose of cooperatives?
- To generate maximum profit for the government
- To address the needs of their members (correct)
- To serve other persons in the community
- To promote political agendas
What is a key characteristic of membership in cooperatives?
What is a key characteristic of membership in cooperatives?
- Restricted to government officials
- Dependent on financial status
- Voluntary and open to all in need of services (correct)
- Based on political affiliations
What is a primary function of trade unions?
What is a primary function of trade unions?
- Advocate for reduced benefits for employees
- Maximize profits for employers
- Secure improvements in employees' working conditions (correct)
- Promote individual competition among employees
How do members benefit from cooperatives?
How do members benefit from cooperatives?
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What is the relationship between cooperatives and democratic principles?
What is the relationship between cooperatives and democratic principles?
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Non-state institutions are controlled by the government
Non-state institutions are controlled by the government
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Trade unions and cooperatives are organizations comprising workers and laborers with common goals, purposes, and interests
Trade unions and cooperatives are organizations comprising workers and laborers with common goals, purposes, and interests
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Financial institutions, such as banks, are examples of non-state institutions
Financial institutions, such as banks, are examples of non-state institutions
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Non-state institutions do not play a vital role in the economy
Non-state institutions do not play a vital role in the economy
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Trade unions and cooperatives mostly concern employment relations, decency, and welfare
Trade unions and cooperatives mostly concern employment relations, decency, and welfare
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