answersLogoWhite

0

Fair-trade gives a fair price for the farmers who grow the cocoa, this is so they can have enough to live on (inputs for their farms, school fees, medicine, doctor's fees, transport and clothes, ect.) plus a profit to spend or save.

In some cases, money from fair-trade is used for development projects in developing countries.

Most cocoa growing countries are mostly in less economically developed countries so they would need more help for development which fair-trade can provide to them.

User Avatar

Wiki User

∙ 16y ago

What else can I help you with?

Related Questions

How does fair trade help cocoa farmers in developing countries?

it helps them because they get then fair amount of money


Is it only cocoa farmers that are involved with fair trade?

is it only cocoa farmer that ae involved in fair trade


How much do farmers get paid for selling cocoa beans to fair trade?

£100


What do fair trade farmers do?

Farmer benefit from fair trade since they can receive more payment for a better quality of goods. Fair Trade promises farmer better wages for their production of goods. This benefits farmers in poor, developing countries. This way farmers get more pay for goods. Now farmers can support their family.


Why is fair trade such a hot topic at the moment?

Nowadays, people are very concerned about others and the environment. Fair Trade cocoa helps the cocoa farmers and the environment. The farmers get paid fairly for their cocoa with fair trade. Also, because they get paid more, they can leave the cocoa in its natural habitat, where it grows better. When they do that, they will not cut down forests or use as much fertilizer or pesticides (Helping the environment).


Where do fairtrade farmers live?

Fairtrade farmers are located in various regions around the world, primarily in developing countries. They often reside in areas suited for agriculture, such as parts of Africa, Latin America, and Asia. These farmers typically cultivate crops like coffee, cocoa, tea, and bananas, benefiting from fair trade practices that aim to provide better trading conditions and promote sustainable farming.


What do farmers benefit fom fair trade?

Farmer benefit from fair trade since they can receive more payment for a better quality of goods. Fair Trade promises farmer better wages for their production of goods. This benefits farmers in poor, developing countries. This way farmers get more pay for goods. Now farmers can support their family.


What countries have benefited from fair trade?

Countries that have benefited from fair trade include Ghana and Côte d'Ivoire, which have seen improvements in cocoa farming conditions and farmer incomes. Other notable examples are Ethiopia, known for its coffee, and various countries in Latin America, such as Colombia and Nicaragua, where fair trade practices have enhanced agricultural sustainability and community development. Overall, fair trade initiatives have supported farmers and producers in developing nations by enabling them to access better markets and secure fair prices for their goods.


What are 3 products that fair trade offers?

Fair trade offers a variety of products, including coffee, chocolate, and handicrafts. Fair trade coffee is sourced from farmers who receive fair wages and work under sustainable conditions. Fair trade chocolate ensures that cocoa farmers are compensated fairly and promotes ethical farming practices. Handicrafts, such as textiles and home goods, support artisans in developing countries, allowing them to earn a fair income while preserving their cultural heritage.


How has the US trade of 2002 affected developing economies?

The U.S. trade of 2002 affected developing countries by providing better opportunities and higher living standards in those countries.


How do developing countries maintain an advantage over developing coutries in the international trade?

They maintain high tariffs on the agricultural goods that many developing countries export.


How many fair trade farmers are there in Ghana?

As of the latest available data, there are approximately 70,000 fair trade farmers in Ghana, primarily involved in the cocoa and coffee industries. These farmers benefit from fair trade practices that promote sustainable farming, fair wages, and community development. The fair trade movement continues to grow in the country, supporting both smallholder farmers and larger cooperatives.

Trending Questions
What does huge demand means? How does the demand for a product or service affect its price in the market? Where can you find information on the newest economic stimulus plan? French Quarter Inns drops the price of a suite from 125 to 95 per night and experiences a reduction in the quantity of rooms demanded of an average of five per night This is an indication that suit? How did consumers benefit from the existence of large trusts? What are the key factors involved in the emergence of the BRIC economies? What type of government takes complete control of the agriculture industry? What did JFK mean by this quote man holds the power to abolish all forms of human life? What parts of toyoko are rich? What is 175 Euros in US dollars? Which of the following factors has motivated many countries to pursue free trade policies in the 21st century? What was the cost of eggs in 1974? What is the economic impact of magic mushrooms? What are the objectives of watersheds? If a consumer notices a decrease in price of product he usually buys he is most likely to? Prices in oligopolistic industries are predicted to fluctuate widely and frequently compared to other market structures? Why business plan is essential for a business? What is an economic event or condition that directly changes an entity's financial condition or directly affects its results of operations? How much is 1 dollar to Philippine peso this 27th day of march? How does microeconomics relate to macroeconomics?