Fair trade can be defined as a social movement whose goal is to help producers in developing countries create better trading conditions and increase sustainability. Fair trade is in contrast to other trading practices in our world, it is about creating codes of fairness in the market. The practice of fair trade aims to reshape the way we buy and sell products, to ensure that all the farmers and skilled workers behind the production of the goods get better treatment. Most people would consider it a better means for pricing, however it can include better and longer lasting relationships. Fair trade is also about information, knowing where food/products come from and knowing that all products have been made ethically. It has exerted enough influence to persuade consumers to know the social, economic and environmental consequences of their purchases. The movement is aware of the trust placed in it and is committed to developing and raising the highest possible standards in order to maintain the trust. We can consider fair trade as a revolutionary practice, which promotes great changes in the market and on the partnership between producers, traders, businesses and consumers. Fair trade encourages the well-being of the world and those who inhabit it. In this article we will look at the history of fair trade, the principles, practices and benefits that come with it. The fair trade market is an ever-growing place and people need to be more educated about it. The history of fair trade begins with deep roots in European societies long before alternative trading organizations (ATOs) were developed after World War II. Many concepts underlie the concept of fair trade similar... middle of the paper... clear cutting of larger properties. As you can see, something as simple as paying an employee a fair wage and a fair price for the goods produced can benefit everyone. Fair trade has been in development for over fifty years now and will continue to be a development process. Fair trade organizations all aspire to achieve similar goals. The practices practiced will be continuous and the vision will continue to grow with time. Fairtrade International and the Fair Trade Federation continually work to develop new and better policies to create an even better way of doing trade. The benefits of purchasing fair trade products are a long list that we need to take into consideration. Now that you have basic information about what fair trade is, it's up to you to make informed decisions about your purchases and who you're donating the money to.
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