Get premium membership and access questions with answers, video lessons as well as revision papers.

Describe the role of agricultural cooperatives

      

Describe the role of agricultural cooperatives

  

Answers


Lydia
Role of Agricultural co-operatives

- pool their resources together to buy expensive machinery e.g tractor for use by members

- provide education /technical information to members

- provide loan to members (inputs and cash)

- Negotiate for higher prices for members

- Reduce overhead costs e.g transportation storage

- Bargain with suppliers to give discount on inputs

- provide employment for their members others

- Benefit members from lower takes charged

- market farmers produce

- Interest and pay out returns to members in the form of Dividends

- Help to negotiate for loans to members without security

- some provide banking services to its members

- provide strong bargaining power for members on policy issues
lydiajane74 answered the question on October 12, 2017 at 08:16


Next: Describe the functions of agricultural marketing boards
Previous: Describe factors which determine demand of a commodity

View More Agriculture Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions