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. Without fair trade, the whole thing will look like a situation where a father fights with his three years old son which is not fair. 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. Here are some of the benefits of fair trade that you need to know.
You find that most of the people are into fair trade since it boosts the income of producers. You find that this way they will try to cut the many channels involved in marketing the products which will give the producers a better opportunity to get a larger share from the price of the goods rather than dealing with the distribution company. Also, the prices of goods are also settled at an agreed fair price for both the producers and the manufacturers.
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. Also, they also include the premium in the pricing which can be used in facilitating the development projects such as schools.
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 … Read More..Read More →