Development Of Cooperatives In Georgia

Forming the industrial cooperation in Georgia started in the second half of the 19th century. In the 20ies of the 20tieth century experience of cooperation work became more developed and of relevant range. During this period cooperative societies were established, where hundreds of subjects were cooperating. Experience of private, individual proprietorship of industry and farming cooperation phases out in the soviet period and this practice is being forgotten. Since the 90 ties of the 20th century, after moving to the market economy, farm enterprise and its development are conducted by farming industry, though, individual farming economy did not have the desirable and enough effect. In order to get the appropriate results it is necessary to consolidate the farming economy as a co-operative society. For this reason legislative base was created, which laid the foundation to forming the co-operative society and its development.