Fairtrade

Fair Trade is trade in which fair prices are paid to producers in developing countries. It is based on a partnership between consumers and producers. Fair trade improves the lives of those living in developing countries by offering small producers fair trade relations and a guaranteed minimum price. There are more than 1.5 million workers and 1,210 manufacturing organizations certified by fair Trade in 74 countries. Fair Trade The coffee market in the USA has grown by almost 90% since its inception. 

It so happened that in the world of trade, the larger the player, the less he can put a price on his goods, while reducing the wages of workers and paying less to suppliers. Thus, small companies that cannot afford to do the same are left on the sidelines.

Pros:

1) in economics.

- Stable prices

After the certification of the product, its manufacturer or cooperative will receive a minimum fee. This fee will never be below the market level. Thus, farmers and producers will be sure that they will not be deceived, and will be able to calculate their income from the sale.

- People unite

Producers and farmers create cooperatives to unite into a more powerful company, and give more to wholesale.

Knowing exactly how much they will receive from the sale, they can train their employees to hone production skills, which makes the product better.

- Diversity

The range of fair trade goods is constantly expanding.

2) in environment.

The rules and standards set by the Fair Trade protect the environment by reducing greenhouse gas emissions, preserving animal populations, and preventing the use of chemically hazardous pesticides. Only organic methods are used with certified products.

Again, farmers are encouraged in this way to learn how to make their crops eco-friendly.

3) for people.

- No discrimination

Fair Trade gives access to jobs to people of any gender, race and religion. The salary is paid to everyone the same.

- No to child labor

In the producing countries, they are hired from a young age. Much smaller than in developed countries.

This happens because the family is poor, and it has to send even children to work. But with Fair Trade, getting more and more stable, children live in childhood, and instead of working in factories go to school.

- Improving the standard of living

The creation of community cooperatives in rural areas and higher incomes increase the standard of living. Villages and cities are becoming safer; people are getting access to better services and improving the quality of life.