
The True Cost Of Fair Trade Goods
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Business
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University
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Hard
Wayground Content
FREE Resource
The video explores the concept of Fairtrade, which emerged in the 1980s to ensure fair pay and safe working conditions amid globalization. It discusses the challenges of varying international work laws and how Fairtrade certification addresses these by setting minimum prices. The COVID-19 pandemic significantly impacted the Fairtrade market, with a drop in demand and increased supply control. Despite these challenges, there is hope for the future of conscious consumerism, although issues like climate change continue to affect small-scale farmers.
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