Reducing gloabl equality - Fair Trade

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  • Created by: noahsam
  • Created on: 02-03-17 11:30
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  • Fair Trade
    • Companies who want to sell products labelled 'fair trade' have to pay producers a fair price
      • Earning more money means the country can spend more on development
    • Buyers also pay extra on top of the fair price to help develop the area where the goods came from eg build schools, health centres
    • Only producers that treat their employees well can take part in the scheme.
      • Producers aren't allowed to discriminate based on sex or race
        • Improves quality of life for employees
          • Employees must have a safe working environment
      • Employees must have a safe working environment
    • Producers in a fair trade scheme often produce a lot because of good prices - this can create an excess
      • This causes a fall in world prices
      • Producers who aren't in the fair trade scheme lose out
    • 5 million people in 58 countries benefit from Fair Trade
    • Includes tea, coffee, sugar, chocolate

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