Question 12 of 16
Q.Rochdale Society was started by ________.
(a) Talmaki
(b) Robert Owen
(c) Lambert
(d) H.C. Calvert
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2022MCQ· 1mImportance★★★★★
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Start your 14-day free trial to unlock the full solution →The answer is option (b) Robert Owen.
The co-operative movement in its modern form began with the Rochdale Society of Equitable Pioneers, the first successful consumers' co-operative store. It gave the world the well-known Rochdale Principles — open membership, democratic control, limited interest on capital, distribution of surplus as dividend on purchases, cash trading and so on. This movement is credited to the inspiration of Robert Owen, who is regarded as the father …
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