Buy custom developing local economy
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These stores had many different things in one store so you didn't have to spend the day going to different shops to buy what you need, instead you could go to one store and find everything you need. These types of stores promoted economic leakage, where local income is spent outside the local economy...
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As defined by the International Labor Organization a cooperative is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise" (World Watch Institute, 2007). In 2001 Kofi Annan said "the values of a cooperation ? equity, solidarity, self-help and mutual responsibility ? are cornerstones of our shared endeavor to build a fairer world?The cooperative movement will be an increasingly adaptable and valuable partner of the United Nations in pursuing economic and social development for the benefit of all people" (World Watch Institute, 2007)...
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