Question

Which was the first to handle large-scale retailing?

Options

• Consumer co-operatives

• Departmental stores

• Chain stores

• None

Answer 1

Consumer co-operatives

Explanation:

A consumers' co-operative is an enterprise owned and managed democratically by consumers that aims to meet the needs and aspirations of its members. They operate as a form of mutual aid within the market system, independent of the state, and are oriented toward service rather than monetary profit.