Discuss the important features and functions of Manufacturing Co-operatives.

Manufacturing cooperatives are unique organizational structures where workers or producers join forces to collectively own and manage manufacturing facilities. These cooperatives operate based on democratic principles, aiming to benefit members economically and socially. Let's delve into the important features and functions of manufacturing cooperatives:

**Important Features:**

1. **Collective Ownership:** Manufacturing cooperatives are owned and controlled by their members, who typically contribute capital and participate in decision-making processes. Each member holds an equal share in the cooperative, ensuring democratic control over the enterprise.

2. **Democratic Governance:** Decision-making within manufacturing cooperatives follows democratic principles, with members having equal voting rights regardless of their investment or position. Important decisions related to production, finance, and management are made through ________ ____ ______ ______ _________ ___ _________ ___ ______.
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