After the sentence, a list of possible interpretations of all or part of the sentence is given. Choose the interpretation you consider appropriate…

Question

After the sentence, a list of possible interpretations of all or part of the sentence is given. Choose the interpretation you consider appropriate for the sentence. When the teacher said, “It’s a double-edged sword,” she meant that

Answer 1

After the sentence, a list of possible interpretations of all or part of the sentence is given. Choose the interpretation you consider appropriate for the sentence. When the teacher said, “It’s a double-edged sword,” she meant that

The outcome is purely positive
The situation has both advantages and disadvantages. ✓
There is only one solution
It is a harmless situation

Explanation

Cooperative societies are member-owned businesses sharing profits. Principles: voluntary membership, democratic control (one member one vote), member economic participation, autonomy, education, cooperation among cooperatives.

Types: consumer (buy goods cheaply), producer (market products together), credit (savings and loans), worker (employees own business). Nigerian cooperatives common in agriculture and finance.

Benefits: collective bargaining power, shared resources, profits to members not external shareholders. Challenges: management capacity, capital limitations, member commitment. Cooperatives empower ordinary people economically.