3.9a local sourcing Flashcards

1
Q

bristol

A

in 2012, Bristol introduced a ‘Bristol Pound’ (community currency)
encourages people to spend in local, independent businesses in Bristol rather than national chain stores

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2
Q

costs of local sourcing

A
  • services such as transport are co-ordinated centrally so they are hard to influence
  • consumers can miss out price benefits of competition in national and regional markets
  • global trade means that commodities are produced in the most resource-efficient location e.g. flowers in Kenya
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3
Q

benefits of local sourcing

A
  • every £10 spent in local business is actually worth £23 to the local economy
    • multiplier effect
    • local people gain employment and involvement
  • a transition group n Brixton raised £130,000 to install a community-owned power station
  • less dependent on international trade
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4
Q

transition towns

A

some local groups and non-governmental organisations promote local sourcing of goods to increase sustainability

e.g. Totnes in Devon was the world’s first ‘Transition Town’

by 2016, Transition towns became a movement of communities in 50 countries

  • attempting to reduce their carbon footprints and improve their resilience
  • about 40 community-scale Transition initiatives across London
  • increases self-sufficiency
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5
Q

what does local sourcing promote?

A
  • reducing consumption by repairing/ reusing
  • reducing waste, pollution and environmental damage
  • meeting local needs through local production
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