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state whether you believe fair trade is a fad or a trend. Why?
Weegy: fair trade is a trend coz its quickly gaining popularity as more people (More)
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Asked 7/17/2012 8:44:12 PM
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State whether you believe fair trade is a fad or a trend. Provide support for your reasons.
Weegy: Please clarify (More)
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Expert Answered
Asked 7/17/2012 8:48:40 PM
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State whether you believe fair trade is a fad or a trend. Provide support for your reasons.
Weegy: When we have a look at Fair Trade market trends we can be quite optimistic (well, I am always an optimistic). [ I see here two major market trends: growth and diversification. Volume growth had lied between 20% and 30% annually from 2001 to 2006; an increase which has brought the attention of some large companies... Regarding NGOs (the main actors), the total number of certified organizations increased by 18%, from 432 at the end of 2004 to 508 at the end of 2005. One of the largest NGOs, Ten Thousand Villages, the one which started it all, has had in 2006 a revenue of 20 million USD; their average transaction grew from from 33,50 to 36,00 USD. A huge success!. Here in Europe we can say that in the UK there were some 100 products available by 2002, but they have grown to more than 2.000 by 2006: an amazing increase. ] (More)
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Asked 7/17/2012 8:46:57 PM
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