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The cooperative movement: a historical overview

The history of the cooperative movement examines the early days of cooperatives around the globe. The cooperative movement began when cooperative principles were applied to business organization, although cooperative arrangements like mutual insurance and principles of cooperation had existed for a long time prior to this.

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En appliquant les principes coopératifs, nous créons des entreprises sociales qui promeuvent la solidarité et une économie plus inclusive, permettant aux individus de contribuer positivement à leur prospérité et à leur bien-être, ainsi qu'à ceux des générations futures.

The cooperative movement originated in Europe, especially in Britain and France..
It arose due to labor and social challenges brought about by mechanization during and after the Industrial Revolution.

The Fenwick Weavers' Society was formed in Fenwick, East Ayrshire, Scotland.
Local weavers began selling discounted oatmeal, establishing the first recorded consumer cooperative.

Rev. Henry Duncan of the Ruthwell Presbyterian Church in Dumfriesshire, Scotland, founded the first savings bank.
The bank aimed to help the poorest community members save money and earn interest for emergencies and retirement.
This institution later merged into the Trustee Savings Bank between 1970 and 1985.