One Thing That Is Not True About Cooperatives Is That

question 187

Multiple Choice

One thing that is not true about cooperatives is that they

• A)put out raw materials, like wool and cotton, to rural households that turn it into finished products
• B)pool resources to buy and sell more efficiently
• C)try to minimize costs
• D)operate with limited liability of members
• E)enjoy tax-exempt status

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Definitions:

Unpaid Workers

Individuals who work without receiving monetary compensation, often contributing to family businesses or performing household tasks.

Bureau of Labor Statistics

A federal agency that provides critical economic data, including unemployment rates, job growth, and wage trends to guide government policy and inform the public.

Current Population Survey

A monthly survey conducted by the Bureau of Labor Statistics to assess employment and unemployment levels in the United States.

Unemployment

The situation where individuals who are willing and able to work cannot find jobs.