To start with, fair trade is a social movement whose main objective is to help the produces in developing countries to achieve better trading condition. One thing that you should know is that without fair trade it will seem like a father fighting with his 3 years old son of which the son will not have any chance of winning. Because of that members of this movement have decided to fight for payment of higher prices to exporters as well as improved social and ecological principles. By the end of this subject, you will be in a position to know why most of the people fight for fair trade.
One of the benefits is that it boosts the income of producers. One way of doing this is by reducing the distribution channels that are involved in marketing goods making the producers get a larger share from the price of goods, not from the distribution. Besides, the prices of the goods are also paid at agreed and guaranteed fair price for both the manufactures and the producers.
Also, it also improves their living standards. This is because both farmers and workers now have an extra income. You find that the price of the specific goods is calculated to cover the cost of both sustainable production and livelihood. Besides, there is also an additional premium that can be used to facilitate developments projects such as schools among others.
Apart from that, far trade plays a major role in protecting the environment. You find that with fair certification that is used to manufacture goods, you will be in a position to know where the products came from, who benefits from them plus how the products were made or manufactured. This is essential since it will make the … Read More..Read More →