THE ECONOMIC IMPORTANCE OF COOPERATIVE SOCIETIES IN A MODERN ECONOMY:A CASE STUDY OF COOPERATIVE SOCIETIES IN OVIA NORTH EAST LOCAL GOVERNMENT AREA. A RESEARCH PROJECT MATERIAL ON CO-OPERATIVE ECONOMICS
ABSTRACT
This research was focused on the economic importance of cooperative societies in a modern economy a case study of cooperative societies in Ovia North East Local Government Area of Edo State the study consists of five chapters. One was on the background to the study, however the significance of the study was highlighted in addition to the problem by the researcher in the course of investigation. Chapter two focuses on the review of related literature. Chapter three was on methodology area considered under this section are population sampling procedures. Validity and reliability of questionnaires. Administration of questionnaire and method of data analysis chapter four was denoted to data analyses the researcher adopted the use of frequency and percentage to analyze the data collected by means of questionnaire on the final note was chapter five which was summary, conclusion and recommendations.
CHAPTER ONE
INTRODUCTION
- BACKGROUND TO THE STUDY
Since the turn of the state of economic emphasis has shifted from the literary arts to the modern economic development Johnbull (2009) said that the role of cooperative society in economic development, the aims is to examine the ways in which cooperative can act as agents towards sustainable community development mostly in Ovia North East Local Government Area of Edo State. This study is a descriptive survey which involves the collection of statistics for the purpose of describing the role of cooperative societies in economic development. This study posit that for over one hundred and sixty years on cooperatives have been an effective way for people to exert control over their economic livelihoods as they play an increasingly important role in facilitating job creation, economics growth and social development.
The economic importance of cooperative societies in a modern economy the branch always supports all the society activities which are reflected in the form of services and benefits for its shareholders and the area residents thus revealing true nature as to achieving and added value to the society through its contributions in the economic development efforts, furthermore, Al-Kamali (2000) stressed that the Al-Qasr branch is constantly in constant with various clients segments in the area and works on reinforcing relationship and field of cooperation in order to service the area resident, whether through the cooperative society or other body’s the project investigate the effective and successful, cooperative must achieve two interrelated goals, enhances viability and improve ability to service its members and retain an economically viable innovative and competitive, enterprise. In most industrial countries like United State of America and United Kingdom the problems of cooperative are very acute and this problem retards the growth of the economy of these nations it is therefore necessary for government to employ the quality comparative experts in government establishment.
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THE ECONOMIC IMPORTANCE OF COOPERATIVE SOCIETIES IN A MODERN ECONOMY:A CASE STUDY OF COOPERATIVE SOCIETIES IN OVIA NORTH EAST LOCAL GOVERNMENT AREA. A RESEARCH PROJECT MATERIAL ON CO-OPERATIVE ECONOMICS
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