Questions 1 To 100 Flashcards
a Cooperative is owned by its
members
a Cooperative is usually controlled on the basis of
one vote per member
a Cooperative distributes benefits based on
use of Cooperative services
cooperative operate to maximize
profits for members / Patron’s
farmer marketing, Supply, and service cooperatives in the United States total about
5000
memberships in Farmer marketing, Supply, and cooperatives in the United States total about
4 million
about what percent of Major Farm inputs do farmers buy from their cooperative
25%
about what percent of their products do farmers market through their
25%
most borrowed capital for agricultural cooperatives comes from
banks for cooperatives
The farmer-owned Cooperative Farm Credit system provides what portion of the total agricultural credit
one third
which of the following is not a federal agency? a. Farm Credit Administration B. rural electrification Administration C. rural telephone Bank d. National Co-operative Bank
National Co-operative Bank
which of the following is not a general Farm organization? a. Farm Credit Administration B. Cooperative Extension Service C. National Farmers Union d. National Grange
Cooperative Extension Service
the agricultural Cooperative service is a
Federal agency
true or false
state has laws authorizing the formation of Cooperative corporations
true
true or false a member / Patron is defined as any person marketing, purchasing, or obtaining a service through a cooperative
false