Pull disadvantaged citizens out of poverty
Further Explanation:
Fair Trade is a social movement and a market-based approach that aims to help the producers from developing countries to obtain better trading conditions. The main goal of fair trade is to improve the livelihood as well as improving market access for the disadvantaged citizens. The main idea behind fair trade is to advocate the payment of a higher price to the producers keeping social standards and environment at one level. The main focus of the fair trade is on the exports which come from the developing countries to the developed countries and these exports is mostly of the handicrafts, coffee, cocoa, sugar, tea, flowers, chocolates etc.
The main principle of fair trade is to keep upto the payment of fair prices. The fair trade not only covers the costs related to the production but it enables a market that is socially and environmentally sound. Fair-trade also provides equal working conditions and opportunities to women and men. Fair-trade also focuses on safe and healthy working conditions for the producers in accordance to the law.
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Answer Details:
Grade: High School
Chapter: Fair Trade
Subject: Economy
Keywords: Fair Trade, Economy, Payment, Producers, environmentally, Working conditions, exports, opportunities, healthy working.
