Define trade, differentiate fair and unfair trade, and answer specific questions about fair trade practices in Ghana.

let's tackle these questions from the image.

1. Define the term trade. Trade is the exchange of goods and services between two or more parties, often involving money as a medium of exchange.

2. Differentiate between fair and unfair trade?

   • Fair trade ensures producers receive a fair price for their products, good working conditions, and sustainable practices.
   • Unfair trade involves exploitation of producers, low wages, poor working conditions, and a lack of transparency, with benefits skewed towards buyers.

3. How much was the Ghana farmers earned per day? The Ghana farmers earned as little as R2.00 per day.

4. What did the farmer do to receive more money from the cocoa farming? The farmers decided to process their cocoa beans into chocolate themselves instead of just selling the raw beans.

5. What is the brand name of the chocolate bars produced by Ghana farmers? The brand name of the chocolate bars is Dubble and Devine.

6. Mention THREE things that make this company a fair-trade company. Three things that make this a fair-trade company are:

   • They used the money to pay better wages.
   • They built a school for their children.
   • They ensured workers do not work very long hours and kept the workplace safe.