Choose the given statement that is true/false.

The government helps the weavers’ cooperatives by buying directly from them.

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

True

False

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The above statement is true.
Cooperatives are groups of people who have common interests and work for the mutual benefit of all the group members. Almost every working class has some form of cooperative or union, such as the Trade Union, Railway Unions etc. Weavers also form their cooperative groups for mutual benefit and work together as a group. They formed cooperatives to lower their dependence upon the traders and merchants and gain a fairer price from them for their finished products. Moreover, the government sometimes buys products from these cooperatives at a much better price.

Watch 3-min video & get full concept clarity