We read your photo as:

Trade is the exchange of goods and services between individuals, businesses, or countries, often involving money as a medium of exchange.

Economics

ScanSolve AI Answer

Here are the answers to your questions:

  1. Trade is the exchange of goods and services between individuals, businesses, or countries, often involving money as a medium of exchange.

  2. Fair trade ensures producers in developing countries receive a fair price for their products, allowing for better working conditions, local sustainability, and fair terms of trade. Unfair trade, conversely, often involves low prices for producers, poor working conditions, and exploitation, with the majority of profits going to intermediaries or large corporations.

  3. The Ghana farmers earned as little as R2.00 per day.

  4. The farmers started making their own chocolate bars from their cocoa beans instead of just selling the raw beans.

  5. The brand names of the chocolate bars produced by Ghana farmers are Dubble and Devine.

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

    • They used the money to pay better wages.
    • They built a school so that their children can get a better education.
    • They keep the workplace safe by looking after their machines and not using hazardous chemicals.
Was this helpful?

Still stuck on this one?

Ask a follow-up, and the answer starts from this question.

Got a different question?Ask your own question
Handwritten step-by-step solution preview

Handwritten Step-by-Step Solution

Get this as a handwritten image on WhatsApp — like a tutor wrote it for you.

Try on WhatsApp