Fair trade benefits the world economy
Fair trade is an agreement between a less developed country with a more developed country. It ensures fair prices for products such as coffee and roses. A fair price is set by the Fair Trade Labeling Organization who makes sure the price will contribute to the local economy. The money is used to cover a basic wage, shelter, food, colthing, and an education. Using fair trade to benefit these small local economies, boosts our global economy by pushing the countries further in development.