Democratic member control is one of the principles of cooperative how?

Democratic member control is one of the seven cooperative principles that guide the operation of cooperative businesses. It means that cooperatives are controlled by their members, who have equal voting rights and participate in the decision-making process. This principle ensures that the cooperative operates in the best interest of its members and that decisions are made democratically, with each member having a say in the direction of the business.

Democratic member control is one of the principles of a cooperative because it ensures that the members have a say in the running of the cooperative and that their interests are taken into account. This is important because cooperatives are owned by their members, and they should therefore have a say in how they are run. Democratic member control also helps to ensure that the cooperative is accountable to its members and that it is run in a transparent and fair manner.