Question

 

Cooperatives and Sustainable Development

16 Feb 2026
Answer :
Word Count : 244
Cooperatives are voluntary, member-owned and democratically managed enterprises that operate on the principles of self-help, equity, solidarity and mutual benefit. In the context of sustainable development, they play a significant role in balancing economic growth, social inclusion and environmental protection. Unlike profit-maximizing corporations, cooperatives prioritize member welfare and community development, making them naturally aligned with the goals of sustainability. Economically, cooperatives generate employment, promote local entrepreneurship and strengthen rural and marginalized communities. Agricultural cooperatives help small farmers access credit, quality inputs, storage facilities and fair
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