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. Can you imagine a situation where a father fights with his 3 years old kid which is the same thing that is experienced without fair trade. To help this situation, the members of this organization have decided to advocate for higher payment to the exporters as well as improved social and environmental values. Discussed herein are some of the benefits of fair trade.
To start with, fair trade is beneficial since it boosts the income of traders. 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.
Apart from that, it also helps in boosting the living standards of the producers. You find that fair trade is going to result into the increased income of the farmers and workers. One thing that you should know is that the price that is set s enough to cover for both the cost of production and means of livelihood. The good news is that they also include premium that can be used to fund development projects one of them being schools among others.
Besides, it helps in protecting the environment. It is essential to note that the fair trade certification that is used to manufacture the product does not only show where the goods come from and who benefits from it but it also shows how the good was made and manufactured. This is … Read More..Read More →