Fair trade: Difference between revisions

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    '''Fair trade''' means that the producer of the [[product]] gets a reasonable compensation, that is over the world market price, for her/his work.  
    '''Fair trade''' means that the producer of the [[product]] gets a reasonable compensation, that is over the world market price, for her/his work.  


    The fair trade compensation scheme tries to guarantee a compensation, which (roughly in order of importance):
    The fair trade compensation scheme tries to guarantee a compensation which (roughly in order of importance):
    * covers production costs
    * covers production costs
    * is enough for sustained living
    * is enough for sustained living
    * contains a premium enable investments
    * contains a premium to enable investments
    * contracts are made for long periods of time to give economical security and possibility to plan ahead
    * is guaranteed over a long period of time, thus providing for economic security and the possibility of planning ahead  
     
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    ===Fair Trade and [[Consumerium]]===
    ===Fair Trade and [[Consumerium]]===
    *'''[[Fairly traded]]''' is a [[feature]] of a [[product]].
    *'''[[Fairly traded]]''' is a [[feature]] of a [[product]].
    *'''[[Partially Fairly Traded]]''' is a [[feature]] of a [[product]], meaning that some raw-materials or parts of the product are fairly traded. (eg. In [[restaurant]] meals)
    *'''[[Partially Fairly Traded]]''' is a [[feature]] of a [[product]], meaning that some raw-materials or parts of the product are fairly traded. (eg. In [[restaurant]] meals)
    *'''[[Partially Fair Trading]]''' is a [[feature]] of a [[company]], meaning that some part of the company's business deals with fairly traded products.'''
    *'''[[Partially Fair Trading]]''' is a [[feature]] of a [[company]], meaning that some part of the company's business deals with fairly traded products.
    *'''[[Fully Fair Trading]]''' is a [[feature]] of a [[company]], meaning that the company deals only in fairly traded goods.
    *'''[[Fully Fair Trading]]''' is a [[feature]] of a [[company]], meaning that the company deals only in fairly traded goods.


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    ===See also:===  
    ===See also:===  
    * [[FLO]] - Fairtrade Labelling Organizations International
    * [[FLO]] - Fairtrade Labelling Organizations International
    * [[Fairtrade On Demand]] for the possible concept model
    * [[w:fair trade]] for more information.
    * [[w:fair trade]] for more information.

    Latest revision as of 21:05, 8 November 2018

    General definition of fair trade[edit | edit source]

    Fair trade means that the producer of the product gets a reasonable compensation, that is over the world market price, for her/his work.

    The fair trade compensation scheme tries to guarantee a compensation which (roughly in order of importance):

    • covers production costs
    • is enough for sustained living
    • contains a premium to enable investments
    • is guaranteed over a long period of time, thus providing for economic security and the possibility of planning ahead

    Fair Trade and Consumerium[edit | edit source]

    • FLO defines and audits the "fair trade"-labels and consumerium provides additional information (not present on the packaging at the moment) on how long the Point-of-Production and traders have been certified by FLO. This can be used to assess companies if the consumer wants to reward companies for taking risk in entering the Fair trade field early on. Also current and past breaches of fair trade regulations shall be stored and displayed if wanted by consumer.

    See also:[edit | edit source]