In 1964 the Fair Trade system was created. This system tried to help the poorest countries in a different way than the one it had been using. They are not given money, they are not brought products to use, a trade is promoted with them so that they can sell the products they produce at a fair price, with which they can develop their own wealth.
In 1967 the first fair trade store was opened in Holland, where artisan products, coffee or cocoa were sold. They were very successful and quickly spread throughout the world. Fair trade has become a way in which the population of the richest countries can improve the lives of the most disadvantaged, creating a relationship of trust and justice, respecting human values and the environment. In the following Green Ecologist article we will give you the definition of fair trade for kids, as well as the main characteristics and objectives.
Fair trade is a type of trade characterized by the respect and dialogue between the producer, the intermediary and the buyer. In addition, another objective of fair trade is to fight poverty in the areas where it operates, respect the environment and respect the dignity and rights of workers.
Unlike traditional trade, fair trade ensures that producers receive the necessary money, not only so that they can cover expenses, but also so that they can improve the living conditions of the entire community, especially those most disadvantaged.
Do you want to learn more about fair trade? In the following sections we will talk about its characteristics and objectives.
The fair trade is characterized for three aspects:
Here we explain the 10 principles of fair trade:
The main objective of fair trade is that more and more groups of indigenous producers in developing countries can be formed who, by selling their products, can continue working and improving their community. Many of these groups have become cooperatives fighting for human rights.
An example of fair trade is the Organization of coffee producers, carried out by the indigenous movement of Cauca, in Colombia. This organization, which since 1995 has been classified as fair trade, defends the producers of the area against the large coffee multinationals that operate in the area.
It is important to know that these disadvantages do not have to do with fair trade but with the fact that this trade is not as popular as traditional trade. As more and more people join this movement, the smaller the disadvantages that we discuss. Still, compared to traditional commerce, the disadvantages of fair trade are:
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