One thing that you should know with fair trade is that it is a social movement whose main objective is to make the producers are developing countries to achieve a fair trading condition. Can you imagine a situation where a father fights with his 3 years old kid which is the same thing that is experienced without fair trade. To help this situation, the members of this organization have decided to advocate for higher payment to the exporters as well as improved social and environmental values. Here are some of the benefits of fair trade that you need to know.
To start with, fair trade is beneficial since it boosts the income of traders. This is made possible by reducing the distribution channels involved in marketing goods as this will make the producers get a larger share from the price of goods rather than the distribution company. Besides, the prices of the goods are also paid at agreed and guaranteed fair price for both the manufactures and the producers.
Apart from that, it also helps in boosting the living standards of the producers. This is because both farmers and workers now have an extra income. You find that the price of the specific goods is calculated to cover the cost of both sustainable production and livelihood. Also, they also include the premium in the pricing which can be used in facilitating the development projects such as schools.
Apart from that, far trade plays a major role in protecting the environment. To start with, you should know that the fair trade certification that is used to market goods shows where the goods come from, who benefits from it and how the good was made and manufactured. You find that with this, the consumers will be satisfied with the products knowing that the goods are safe and this can make them make more purchase.
Apart from that, the farmers are also able to obtain a stronger position in the world market. You find that with a fair trade the farmers will have the opportunity to deal directly with the buyers as this will allow them to get better prices for their products in the market.
Besides, it also important since it provides a close link between consumers and producers. This is essential since nowadays most of the consumers are environmentally conscious, and they would want to know more about their products. Not only that but they will also like to know what primary consumers are earning. You find that this is essential as it will make the farmers feel satisfied with their payment and the consumers will also feel satisfied with the quality.