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Concept and Types of Cooperatives

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  • 1. Multiple Choice
    20 seconds
    1 pt

    An Act that declares the policy of the State to foster the creation and growth of cooperatives as a practical vehicle for promoting self-reliance and harnessing people power towards the attainment of economic development and social justice.

    R.A. 5920

    R.A. 9520

    R.A. 6938

    R.A. 9638

  • 2. Multiple Choice
    20 seconds
    1 pt

    Cooperatives are autonomous, self-help organizations controlled by their members.

    TRUE

    FALSE

  • 3. Multiple Choice
    30 seconds
    1 pt

    A type of cooperative that is formed and operated by its members to undertake the production and processing of raw materials or goods produced by its members into finished or processed products for sale by the cooperative to its members and non-members.

    Service Cooperative

    Consumer Cooperative

    Credit Cooperative

    Producers Cooperative

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