Why did Louis Blanc believe in a cooperative society?

see full answer

Start JEE / NEET / Foundation preparation at rupees 99/day !!

21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!

An Intiative by Sri Chaitanya

Everyone would be treated equally

It would be operated by democratic management

Cooperative societies realise the needs of all communities

All of the above

answer is D.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

Louis Blanc believed in a cooperative society because, in a cooperative society, everyone would be treated equally, and it would be operated by democratic management. Also, cooperative societies realised the needs of their surrounding communities. Louis Jean Joseph Charles Blanc was a French politician and historian. As a reform-minded socialist, he called for the establishment of cooperatives to ensure jobs for the urban poor. Louis Blanc demanded that the government replace capitalist enterprises and encourage cooperatives. Cooperatives are associations of people who jointly produce goods and share profits according to the work of their members. He argued that cooperatives should be established with the cooperation of the people, and their profits should be divided according to work done by the members.

Watch 3-min video & get full concept clarity

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th

🔥 Start Your JEE/NEET Prep at Just ₹1999 / month - Limited Offer! Check Now!

Get Expert Academic Guidance – Connect with a Counselor Today!

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th