Co-operative societies was established to help rural dwellers who are less privileged, who don’t have enough capital to carry out their business enterprise. In what ways have co-operative societies helped in the development of rural areas.
It was the aim of this research work to find out if co-operative societies have any impact in the development of the rural areas, the changes created so far and the suggestions as well. This research work has five chapters.
Chapter one contains a general discussion of the origin of the word co-operative as a result of the problems caused by the capitalists. It went further to state the problems to be studied and why this study was carried out, the research questions and what will be the benefits of it later, the scope and limitations of the study and finally, the definition of terms.
A member of past-related literature examined by other studies, as it relates to the co-operative societies and rural development are highlighted in chapter two.
Chapter three deals with the methodology for the study, population of the study, development of research materials, research procedure and treatment of data.
In chapter four, the data got from the research surveyed were analysed and interpreted. Also similar questions on both questionnaires were compared.
Finally, the summary of findings on the research and recommendations made the conclusion by the researcher are all in chapter five.
If co-operative societies and rural people would put the recommendations made in the study to use, there would only be increased and improved in their standard of their living but will also ensure continous growth and development in the area.
In most developing nation, co-operative societies constitutes the most important aspects of rural development. It was proposed as a result of the evils of the industrial revolution as of (1750 – 1850). It was when the factory owners (the capitalists) exploited workers bitterly in other to maximize profit. During that period, unemployment was rife and wages were extremely low. There was child labour, shop keepers on their own part sold adulterated goods. The workers lived in over crowded shanties in an unsanitary conditions. They worked for more than twelve hours in ill-ventillated factory buildings, that looked like prison yard. These anti-social effects of the industrial revolution resulted in wide spread of poverty and sufferings, while others died of malnutrition, diseases and starvation. Life was so hard that the decade became known as “Hungary forties”. It was because of all these problems that the great men (workers) started to fought for social reform. They retaliated with violence and strikes. They condemned the evils of capitalist.
It was then that the apostles of Robert Owen (the Owenites), Dr. William King,
John Lyod
Charles Howarth
William Owenite
William Pare looked for the better way to solve their problem and later proposed the word CO-OPERATIVE as a solution to wupe out these evils. The gospel spread all over the countries of the world throughout co-operative movement. When they have successeded in 1750 through the help of Rochdule pioneers of 1844. they carried on the gospel of CO-OPERATIVE. The Rechdale pioneers includes
Charles Fourier
Charles Douwin
Louis Blank
Phillipe Scottla
Phillipe Buchez: They formed the first modern co-operative society in England known as Rochdale society of equitable pioneers made up of 28 weavers. It was also made of sub-sequent headings.
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