Fair Trade Essay Example

  • Category: Economics, Trade,
  • Words: 709 Pages: 3
  • Published: 18 September 2021
  • Copied: 160

Introduction- People should buy ethical products based on principles of fair trade as it will help people live better with the quality of life, as well as that sustainability development would be able to be achieved. Fair trade is to help farmers and producers to help the growing countries to achieve the level of sustainability as desired and equitable trade relationships. The principles of fair trade include Long-Term Direct Trading Relationships, Payment of Fair Prices, No Child, Forced or Otherwise Exploited Labor, Workplace Non-Discrimination, Gender Equity, and Freedom of Association, Democratic & Transparent Organizations, Safe Working Conditions & Reasonable Work Hours, Investment in Community Development Projects, Environmental Sustainability and Traceability and Transparency. 

Sustainability development is a way to make a good environment and help food products to be ethically produced. As Environmental Sustainability is one of the ten principles of fair trade it is important to take account of the hard work done by fair trade labels. Ethically produced food can be useful to avoid air pollution and care for the environment by maximising use of sustainable energy and raw materials while minimising waste and pollution. There is a huge variety of food labels which help with sustainability and ethical production which include Palm- oil free, Vegan, Organic and free range, MSC fish and most importantly Fair trade. When buying items, if any of the listed labels shown the consumer can be shown supporting the label by helping with sustainability and ethical production. Agriculture is responsible for 26 percent of the world's glasshouse gas emissions, 50 percent of the world's liveable land, 70 percent of worldwide freshwater withdrawals, 78 percent of ocean and freshwater pollution, and 94 percent of global mammalian biomass (excluding humans). Sustainability is an important part of the world and by supporting the labels such as Fair Trade and the principles of fair trade it can help make the environment a better place. 

Diverse export crops produced by underdeveloped countries now require Fairtrade certification. Improving smallholder farmers' socioeconomic situations has been identified as an important goal of FairTrade. Studies in the past have shown that Fairtrade has a favourable impact on farmers' sales prices and revenue in many cases. The effects on food security and other aspects of household living standards are rarer, though. Use of survey results from cocoa farmers in Côte d'Ivoire can examine how Fairtrade certification influences household consumption expenditures and specific types of consumer goods and services use. Also make a distinction between households that are poor and those who are not. Raising aggregate consumption expenditures by 9 percent according to regression models that include instrumental variables. For low-income families, the impact is considerably greater (14 percent ). Non-food expenditures have a significant impact on these consequences. In terms of food consumption and dietary diversification, we did not observe any significant effects. Compared to non-poor households, Fairtrade has positive benefits on education and transportation costs. 

Fair trade helps with a bunch of things and can help eliminate terrible things but by eliminating them also include good things. To eliminate poverty and promote sustainable development, fair trading practises are used. As a result of the fair trade movement, producers who have been disadvantaged by the conventional trading system are given the opportunity to succeed. So that individuals are treated fairly and with respect, fair trade calls for transparent management and economic ties. Producers' independence can be developed through fair trade. Producers and their marketing organisations benefit from long-term connections since they can strengthen management abilities. For example, fair pricing takes into account the overall cost of manufacturing, and it promotes socially and ecologically responsible business practises.In the United Kingdom, there are 500 Fairtrade towns, 118 colleges, over 6,000 churches, and over 4,000 Fairtrade schools registered in the Fairtrade Schools Scheme.  Fairtrade International's fair trade system benefited over 1.2 million farmers and workers in over 60 countries in 2011, with €65 million in fairtrade premiums provided to producers for use in strengthening their communities. Fair trade is helping a bunch of towns and countries to help sustain the environment and help the poor, make food better quality and deals which farmers can approve and support. 

To conclude, Fair trade can come to help farmers who don’t have a bunch of money but can still help the people by providing ethic food with decent prices. Moreover, with decent prices the farmers can help sustain the environment and have more control over their lives. There are more advantages but with buying ethical food, it can help a bunch of people and the principles of fair trade. The UK have one of the highest number of fair trade towns and uses in the world.

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