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Co-ops are based on values not unlike
those we subscribe to individually, including
self-responsibility, democracy, equality, honesty and social
responsibility.
In addition to these common values, seven
basic principles serve as guidelines to provide a democratic
structure for co-ops around the world. While adoption of these
principles is not required, most co-ops choose to adopt them for
their business.
The seven principles are:
- Voluntary and open membership
- Democratic member control
- Member economic participation
- Autonomy and independence
- Education, training and information
- Cooperation among cooperatives
- Concern for community
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