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In which country cooperative society was first established?
16. In which country cooperative society was first established?
- England
- India
- Europe
- America
Answer: D) America
Explanation:
Around then, the weavers working in the cotton factories in England were confronting hopeless working conditions and low wages. They couldn't manage the cost of the excessive costs of food and family merchandise. A gathering of 28 weavers observed a solution. They chose to cooperate to open their own less expensive store and subsequently, Rochdale Equitable Pioneers Society" as set up in 1844.