THE IMPORTANCE OF STUDING ECONOMICS OF CO-OPERATIVE BUSINESS ENTERPRISES AS A QUALIFYING SUBJECT FOR THE AWARD OF OND IN CO-OPERATIVE ECONOMIC AND MANAGEMENT

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THE IMPORTANCE OF STUDING ECONOMICS OF CO-OPERATIVE BUSINESS ENTERPRISES AS A QUALIFYING SUBJECT FOR THE AWARD OF OND IN CO-OPERATIVE ECONOMIC AND MANAGEMENT (ECONOMICS PROJECT TOPICS AND MATERIALS)

 

 

CHAPTER ONE 
1.0 INTRODUCTION
The attitude of people students and the society in general especially the ignorant ones towards co-operative society today is not encouraging and this has prompted the researcher to carry out study on the importance of studying the course by students so that they may contribute to the knowledge of co-operative after their stay on school and to make known to the outside world the impact of co-operative societies.
1.1 BACKGROUND OF THE STUDY 
The first successful co-operative society is caused the Rochadale society of equitable pioneers was established in Rochdale an industrial town close to Manchester. The Friendly Societies Act registered the society on October, 28th 1844.
This co-operative society originated from discontent with the adulteration of goods, false weights and measures and high prices prevailing on retail distribution among workers living on or near subsistence level owing to their bargaining power, living on or near subsistence level (Bob lgwe 1993:2) owing to their weak bargaining power in the labour market. The consumer co “operative movement on the true sense was the off-spring of a marriage between the wage camers need of an immediate rise in their standard of living and the aspiration towards a better social order based on the teachings of Robert Owen, Dr Willian king and other social philosophers and pioneers of 18th and 19th century England.

This society started with just twenty eight workers who set out themselves to conquer the world by faith and sheer determination. Much work which led to the success of the first co-operative in Rochale was done by these committed members who believed on mutual help. They were guarded by terms and principles which they knew were going to help them and so in 1852, the industrial and provident societies Act law was passed by the British parliament. But today, we have many co-operative shops and societies in existence.

THE IMPORTANCE OF STUDING ECONOMICS OF CO-OPERATIVE BUSINESS ENTERPRISES AS A QUALIFYING SUBJECT FOR THE AWARD OF OND IN CO-OPERATIVE ECONOMIC AND MANAGEMENT (ECONOMICS PROJECT TOPICS AND MATERIALS)