The purpose of a farm cooperative is to:
A)Give members more economic power as a group than they would have as individuals.
B) Give each farm an equal share in the running of the cooperative.
C) Equalize the members' standard of living.

Question

Quizplus · Accepted Answer

The purpose of a farm cooperative is to give members more economic power as a group than they would have as individuals. By pooling their resources and collectively marketing their products, they are able to negotiate better prices and receive bulk discounts on inputs. This allows them to earn higher profits and have a stronger bargaining position in the market. While cooperatives may aim to promote equality among members, their primary purpose is economic.

The Purpose of a Farm Cooperative Is To