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What is Cooperativism History in Venezuela about?
Cooperativism in Venezuela originated in indigenous communities where collective work and ownership were practiced. The first formal cooperative was established in 1890 and the first cooperative law was enacted in 1910. Throughout the 20th century, the Venezuelan government supported the development of cooperativism through various laws and decrees that promoted the creation of cooperatives and established regulatory bodies. Currently, the constitution recognizes cooperatives as economic units.
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