fair trade what is it, and why should you care??
TRANSCRIPT
Fair Trade
What is it, and Why Should You Care??
Traditional Means of Trade
• Large chain of people responsible for getting the good from the country of origin to the destination country
• Farmers get very little for the amount of effort they put in
• Sustainable development not used• Child and slave labour allowed• No benefits offered (eg. health care or
unions)
Fair Trade
• Farmers get a “fair” price for their product
• Eliminates many “middle men” from trading line
• Sustainable development practices
• Improved benefits
• More investment in local economy
FLO
• Fair Trade Labeling Organization International
• FLO certifies companies with the fair trade logo (pictured above)
• They would investigate all aspects of the company to make sure they are fairly trading products
What kind of Products are Fair Trade in Canada?
• Coffee• Tea• Sugar• Bananas• Cocoa• Sports balls• Hot chocolate• Chocolate