Question

*PLEASE ANSWER !!! IM CONFUSED !!*

Answer 1

This scenario involving the Local craftsmen is an example of service cooperative

Producer cooperatives refers to cooperatives owned by people who produce similar types of goods or services e.g. farmers, producers of goods, small businesses etc

The members of the producer cooperatives use the group to more effectively negotiate prices and to access larger markets.

From the explanation, we will deduce that the Local craftsmen also practiced producer cooperative because they were engaging in cooperative behaviors in order to increase sales of their products

Therefore, in conclusion, the answer is Option C.

Learn more about Producer cooperatives here

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