Resources are pooled for the mutual benefit of its member...
Resources are pooled for the mutual benefit of its members mainly in a
Cooperative society
Joint stock company
Private company
Partnership
Correct answer is A
A cooperative society is a type of business organization that is owned and controlled by its members. The members of a cooperative society pool their resources together in order to provide goods and services to each other at a fair price.
In a cooperative society, the members are the ones who benefit from the pooled resources. The profits of the cooperative society are distributed to the members, and the members have a say in how the cooperative society is run.
Economic development is define as ...
Country M enjoys absolute advantage over country N in the production of commodities X...
The Nigerian economy is mono-cultural because government revenue is derived mainly from ...
The components of a three-sector economy are ...
A movement along the demand curve for some goods may be caused by a change in ...
The quality of labour force in Nigeria can be improved by ...
The capital market is a market for trading of financial assets such as ...
International trade is necessary because ...
Import substitution policy is used to ...
As long as marginal utility is positive, total utility must be ...