Co-operation is destined to play a decisive and effective role in the world economy. Even the co-operative development all over the world has not been one straight line, and at various times the co-operative movement has cleared the dynamic character of co-operative activities suiting the local and regional environment and economic and social situation. All this is the indicative of one basic fact that co-operation has been alive to the changes of time and basically concept is dynamic and an ever-absorbing one.
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