International Day of Cooperatives | Stock Photos, Graphics, Vectors, Illustrations, Icons

International Day of Cooperatives | Stock Photos, Graphics, Vectors, Illustrations, Icons: Find free International Day of Cooperatives Graphics Resources Stock Photos, Graphics, Vectors, Illustrations, Icons

The United Nations observes first Saturday of July every year as International Day of Cooperatives. The day is celebrated to increase the awareness of cooperatives. The event underscores the contributions of the cooperative movement in resolving the major problems addressed by the United Nations.

Countries all over the world have a good number of cooperatives, which are private business organisations that are wholly owned and controlled by the people who use their products, supplies or services. They vary in type and membership size but all are formed to meet the common economic, social, and cultural needs of the members. On International Day of Cooperatives 2020, which this year falls on July 4, we take a look at the history, significance of the day and theme for this year.

Cooperatives have values and principles that they follow, and the former is based on self-help, self-responsibility, democracy, equality, equity, and solidarity. Keeping in line with the traditions of the founders, cooperative members believe in the ethical values of openness, honesty, social responsibility and caring for others. The latter are guidelines by which cooperatives put their values into practice.