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Fair Trade
Fair trade is an agricultural economic practice that ensures producers from poorer countries or are poor themselves get fair prices on the crops and livestock they sell. Information on fair trade can be shared here.
689 Questions
In Zaragoza, Spain (it was called Expo 2008). The next is scheduled for 2010 in Shanghai, China.
Why was fair trade introduced?
fairtrade was introduced to help the farmers to have a better live and support there family.
What are the 2 benefits of fair trade?
Poverty alleviation is one of the benefits of fair trade. This provides work for businesses and also makes way for inexpensive products. Another benefit is community development because farmers tend to join with a cooperative.
How was fair trade introduced?
•In the 1700's William Stanton went to Africa and realized that workers and producers in that Less Economically Developed Country were getting very low pay. •It then was introduced in 1989 in the Netherlands.
The international movements began with two religious organizations, the Mennonite Central Committee in 1946, and SERRV International (Church of the Brethren) in 1949. A third religious group, the Quakers, established the first Alternative Trading Organization (ATO) in 1965 under the auspices of Oxfam (Oxford Committee for Family Relief). The first international organization was the European Fair Trade Association established in 1987 and formally incorporated in 1990.
Why do people specialize trade?
People specialize in trade to maximize efficiency and productivity by focusing on specific goods or services where they have a comparative advantage. Specialization allows individuals or nations to produce more of what they are best at, leading to increased overall output and economic growth. Additionally, it fosters innovation and skill development, as traders become more proficient in their specialized areas. Ultimately, this results in a greater variety of goods and services available in the market, benefiting consumers and the economy as a whole.
The people in the 3rd world always get a fair price for the things they sell us.
So they won't get to poor or go hungry because they will always be given the same good price for the things we buy.
What are the benefits of fair trade?
Fair trade ensures that artisans get direct access to major markets, primarily in Europe and the U.S. Artisans are then able to earn a living wage, with enough income to purchase additional raw materials while allowing families or individuals to live a slightly better life. In most cases, the high-quality goods produced by individuals or groups are imported and sold at reasonable prices, with more of the money going back to the artisans. Common items in fair trade include jewelry, textiles of various kinds (often traditional weaves or colors), carvings, clothing, pottery, and art objects such as hangings. Fair trade also applies to food, especially coffee. While there is some disagreement about the impact of fair trade on profit levels in an open market, the advantages appear to be greater than any threat.
Life without Fair Trade would be very unfair. Many workers in africa and other countries are getting tricked by not getting enough money to survive. They are the ones that do most of the work!!!
Workers in shops just place the items on the shelf, and they get more money for doing that, than the workers who actually put time and effort into their job.
Without Fair Trade, working conditions for the workers would be very bad, like having no food or basic sanitation.
How much does fair trade people get?
Fair Trade never say. They only say that the workers and farmers get a fair amount out of the products that we buy. They get 47% out of the money. It is nearly half.
How much do fair trade farmers get paid?
It depends on several factors:
- Their cost of producing the goods must be covered by the purchaser
- Pay a premium set by Fairtrade which will help the producer develop further
- Pay a fair price set by Fairtrade for whatever the produce is
Fairtrade sets the premium for each individual producer, which the buyer must pay. This could be anything from £5 into the hundreds of £'s. It depends on how much money the producer needs to improve the lives of their families and their business. For example, to cover healthcare costs.
The buyer must also pay for half of the produce in advance, upfront, before Fairtrade allows them to collect the product they are buying.
The Fairtrade charity has received full support and some funding from the British (UK) government. Most Fairtrade products are sold in the UK.
Why are Fair Trade products more expensive?
Fair Trade is a bit more expensive simply because there are premiums that must be paid to a) the communities where the product is grown and b) the Organization that organize such program. Not to mentioned most of the product comes from other countries. Cargo freight is extremely high and expensive now and days.
How do you know if fair trade farmers get paid for the fair trade product?
Well that is easy fair trade means getting a fair price so that means all fair trade items with the symbol on them were given a fair wage. If you go into say a clothing department store and you want to know whether the farmer was paid a fairly good wage go up to the counter and say "Is this fair trade?"and if they say no then say "If you go fair trade I'll buy it."
How fair trade has changed peoples lives?
Fair trade has changed the lives of people in the third wold by giving them money from the products they produce. I hope this helps.
Why is fair trade a good thing?
Fair trade is good because it produces products that are fresher, yummier, healthier and most importantly help third world countries
The advantages of fair trade are?
The advantages of fair trade are that the workers get a fair price for their produce.
People get a better standard of living from Fair Trade.
1.The Fairtrade Mark means farmers receive a fair and stable price for their products
2. The Fairtrade Mark means extra income for farmers and estate workers to improve their lives.
3. The Fairtrade Mark means a greater respect for the environment
4. The Fairtrade Mark means small farmers have a stronger position in world markets
5. The Fairtrade Mark means a closer link between consumers and producers.
What is the advanteges of fair trade?
the advantages of fair trade are that you get something good for trading something good there are no scams like i have a friend who's brother told her that a nickel is more then a Leonie so she gave him the Leonie and got a nickel in return
by the way she was like 3
