Fair trade aims to guarantee the growers and pickers of produce a fair price for the work they've done. Prior to the scheme's introduction, 3rd world farmers could be paid literally peanuts for vast amounts of produce.
this allows farmers to have a fair price for the good quality food that they make
The trade fair benefits the LEDCs because they provide us with raw materials at very cheap rates.
Countries that don't benefit from fair trade often include those with weak labor protections, poor governance, and limited market access, such as some nations in sub-Saharan Africa and parts of Southeast Asia. These regions may lack the infrastructure or support systems to participate in fair trade networks, resulting in farmers and workers receiving lower prices for their goods. Additionally, economic instability and corruption can hinder the establishment of fair trade practices. Consequently, many producers in these countries remain marginalized in global trade.
Part of Asia Europe Africa latin America south America
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.
this allows farmers to have a fair price for the good quality food that they make
The trade fair benefits the LEDCs because they provide us with raw materials at very cheap rates.
so farmers can get fairer prices for their goods that they produce.
so farmers can get fairer prices for their goods that they produce.
Part of Asia Europe Africa latin America south America
why is fair trade good for LEDCs
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.
Fair trade commodities can come from any country. Fair trade means the buyer paying a fair price and making a fair profit when the buyer sells it on and not exploiting the producer or the final customer.
Fair trade is important because in many poorer countries, prices are so low that workers are unable to earn enough to live off of. Also, some goods are produced in ways that are exploitative to workers, or ways that are unsustainable environmentally, damaging to the environment in the communities in which the goods are produced. Fair trade does not instantly solve all these problems, but it aims to potentially address some of them in ways that conventional trade does not.
Fair trade primarily helps developing countries, particularly those in Africa, Latin America, and parts of Asia. By providing fair wages, better working conditions, and access to international markets, fair trade initiatives support small-scale farmers and artisans. Countries like Ethiopia, Kenya, and Guatemala benefit significantly from fair trade practices, as they experience improved livelihoods and community development. Overall, fair trade aims to empower marginalized producers globally.
fair trade aims to ensure that producers in poor countries get a fair deal for the food what they have grown
fair trade aims to ensure that producers in poor countries get a fair deal for the food what they have grown