Fairtrade (noun)

A social movement and certification system that promotes equitable trade between producers and consumers, typically in developing countries.

Origin:

The word is derived from the phrase 'fair trade', which refers to the practice of paying a fair price for goods and services, especially in relation to the international trade of products from developing countries.

Examples:

  1. The coffee was certified fairtrade, which meant that the farmers who grew it were paid a fair price.
  2. The fairtrade movement has gained a lot of popularity in recent years.
  3. The fairtrade logo can be found on products that meet specific standards for ethical and sustainable production.
  4. Many consumers choose to buy fairtrade products to support workers in developing countries.
  5. The fairtrade system helps to ensure that farmers receive a fair price for their crops, regardless of fluctuations in the market.
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