Uncover the History of Cooperative Societies
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Questions and Answers

Who is considered the founder of the first cooperative movement?

  • Heart of England Cooperative Society
  • The Rochdale Equity Pioneers Society
  • Rochdale Pioneers (correct)
  • Lockhurst Lane Industrial Cooperative Society
  • What was the capital per person for the first modern cooperative business?

  • One pound sterling (correct)
  • Rochdale Equity Pioneers Society
  • 28 pounds
  • Lockhurst Lane Industrial Cooperative Society
  • Which cooperative society is now known as the Heart of England Cooperative Society?

  • Heart of England Cooperative Society
  • Rochdale Pioneers
  • The Rochdale Equity Pioneers Society (correct)
  • Lockhurst Lane Industrial Cooperative Society
  • When was the Rochdale Equity Pioneers Society started?

    <p>1844</p> Signup and view all the answers

    Who developed a cooperative model and formed the first Credit Unions in Germany in 1862?

    <p>Hermann Schulze Delitzsch</p> Signup and view all the answers

    Who is considered the pioneer of cooperative banking in Germany?

    <p>Friederich Wilhelm Raiffeisen</p> Signup and view all the answers

    What was the name of the credit union organized by Friederich Wilhelm Raiffeisen in Germany?

    <p>Municipal Credit Cooperative</p> Signup and view all the answers

    Where was the International Cooperative Alliance (ICA) founded?

    <p>London, England</p> Signup and view all the answers

    Study Notes

    Cooperative Movement History

    • The founder of the first cooperative movement is considered to be Robert Owen.
    • The capital per person for the first modern cooperative business was £1.
    • The Rochdale Society of Equitable Pioneers, now known as the Heart of England Cooperative Society, was a cooperative society.

    Cooperative Banking

    • Hermann Schulze-Delitzsch developed a cooperative model and formed the first Credit Unions in Germany in 1862, and is considered the pioneer of cooperative banking in Germany.
    • Friederich Wilhelm Raiffeisen organized a credit union in Germany, known as the Heddesdorf Credit Union.

    International Cooperative Alliance

    • The International Cooperative Alliance (ICA) was founded in London.

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    Description

    Test your knowledge on the history of cooperative societies with this quiz! Learn about the Rochdale Pioneers, the founders of the first cooperative movement, and discover the first modern cooperative business that started with just one pound sterling per person. Challenge yourself and uncover the fascinating history of cooperatives.

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