LEDCs & HEDCs
LEDCs are lower economically developed countries and HEDCs are higher economically developed countries, these are other ways for saying poor and rich countries. LEDCs create most of the world's unwanted items not just coffee but other items like medicines, arts and crafts. Making those products have helped the people in their countries and since the 21st century trading has not been so successful for them. HEDCs create high value products with their technology that LEDCs can' afford.
Co-operatives
The co-operative is being owned by Fair Trade's 8 million customer members. Fair Trade guarantees farmers a minimum of $1.26 (a living wage) and are getting credited at fair prices to farmers that are getting paid poorly organised in co-operatives.
This money is invested towards food, shelter, their health, education, environment and the economic independence.
(Fair Trade Coffee Cooperatives, 2016)
This money is invested towards food, shelter, their health, education, environment and the economic independence.
(Fair Trade Coffee Cooperatives, 2016)
Reference to Black Gold documentary
This documentary about the coffee farmers in Ethiopia and how they grow the coffee beans and how they don't paid enough for what they deserve. Farmers are getting paid 23cents per kilo of coffee beans and farmers are making more money selling chat locally then selling coffee beans. 2 billion cups of coffee are drunken every day all around the world and 80 cups of coffee are made from 1 kilo of coffee beans. Over the last 20 years Africa's share of world trade fallen to 1% and in 2011 the coffee price was as low as ever. The documentary also showed that four multinational dominate the coffee market in the world, Kraft, Nestle, Proctor & gamble and Sara lee and groups of farmers come together to create co-operatives. (Black Gold, 2006)