Geography Term 2 Unit 4: Fair trading Flashcards

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1
Q

The price of raw materials is decided by:

a) Buyers
b) Sellers

A

a) Buyers.

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2
Q

Prices of raw materials are always:

a) high
b) low

A

b) low.

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3
Q

What does getting low prices do to countries?

A

It keeps them poor.

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4
Q

Poor countries do not have money to buy:

a) Clothes
b) Food
c) Manufactured goods
d) A house

A

c) Manufactured goods.

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5
Q

What happens when trade is unfair?

A

When there is unfair trade, there are some problems that are caused:

  • Farmers and mine workers get low wages
  • Sometimes children are forced to work
  • People do not develop skills
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6
Q

What is fair trade?

A

Fair trade is when people are able to earn enough money to live and improve their lives.

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7
Q

Fair trade happens when:

a) countries disagree on fair prices
b) towns agree to fair prices
c) countries agree to fair prices
d) towns disagree on fair prices

A

c) countries agree to fair prices.

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8
Q

What happens when trade is fair?

A

When there is fair trade, there are things that help a country:

  • Workers are paid fair wages
  • No children are allowed to work. They go to school.
  • Workers form companies so that they have more control over prices and wages
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