Question

Explain how fairtrade can reduce the development gap

Answer 1

Answer:

Fairtrade involves paying farmers a fair price for their products and investing in local communities. Fair-trade also promotes fair wages for farmers and their workforce.

Fair trade sets minimum standards for the pay and conditions of workers. The Fair Trade Foundation promotes global citizenship by guaranteeing a fair, minimum price for products. In this way, they support producers in improving their living conditions. About 5 million people benefit from Fair Trade in 58 countries.