co-operativeness - Hutchinson encyclopedia article about co-operativeness Printer Friendly
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cooperative
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cooperative

Business organization with limited liability where each shareholder has only one vote however many shares they own. In a worker cooperative, it is the workers who are the shareholders and own the company. The workers decide on how the company is to be run. In a consumer cooperative, consumers control the company.


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Equally important are the individual and social attributes--self-reliance, discipline, perseverance, co-operativeness, belief in the future-required to focus initiative and effort on economic advancement.
 
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