Fast Facts on Cooperatives
Cooperatives are on Good Terms
Impress others with your knowledge of
cooperatives by sharing these facts. Fill in the blanks with the correct words
to complete the sentences.
are more than 40,000 cooperative
U There
businesses in the United States. 1. Companies that are owned
by the customers are called
____________________________.
in three Americans is a member
U One
of one or more cooperatives.
first cooperative in the U.S.
U The
was organized by Ben Franklin.
U
Co-ops create jobs in their
hometowns, keep profits local, and
give back to their communities.
1 million farmers
U Nearly
belong to a cooperative.
co-ops (associations) deliver more
U Electric
than one-third of America’s electricity.
U
More than 100 million Americans
belong to a credit union.
cooperatives generate
U Food
combined sales of $2 billion.
U
At least 233 million people are serviced
by insurance companies owned by
or affiliated with cooperatives.
than 1.5 million families
U More
live in cooperative housing.
2. Cooperatives are owned by
______________ who are also customers.
3. Rural Electric Cooperatives are also known
as _________________________________.
4. Members can both vote for and become
________________________________.
5. Cooperatives use the _________________
_____________________________________
to guide their business priorities.
6. Three leading types of cooperatives
are__________________, ________________,
_____________________.
7. A cooperative’s ____________________ or
savings are returned to the members.
8. Many cooperatives operate in
_____________ areas that other business avoid.
9. The first cooperative in America was
started by ____________________________.
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