Rochdale Pioneers Flashcards
1
Q
Why and when were they created?
A
1844, hunger politics due to economic decline
2
Q
What were their 4 main approaches?
A
- money provided internally with fixed interest
- market values charged
- inclusion of women
- % of profit for education
3
Q
How was a professional business structure maintained?
A
Managers elected from members, market price charged for customers and emphasis on maintaining reputation.
4
Q
What book did Hollyoake release and when?
A
‘Self-help of the people’ in 1856
5
Q
What did the book lead to?
A
332 co-ops created
6
Q
How many co-ops were created after the RP’s?
A
251
7
Q
What were the RP’s asked to do in 1856?
A
Supply wholesale services across the whole region.
8
Q
What had their expansion lead to?
A
Trading in South America and Australia in 1858
