Lesson 50 of 84 · Economics
⭐ 30 XP⚓ Market PortFair Trade and Ethical Shopping
Fair trade ensures producers in developing countries receive fair prices.
🎯 Your mission
Spot the cost behind the price.
⚡ The twist
Cheap for you usually means expensive for someone else.
Mind = Blown
🤯 Money used to be made of cocoa beans, salt, and even giant stones.
Then & Now
💱 This is happening in your local store every single day.
Fair trade ensures producers in developing countries receive fair prices. Fair trade coffee, chocolate, and bananas support ethical business practices.
Key Facts
Trade connects people globally.
Every choice has an opportunity cost.
Money is a medium of exchange.
Check Your Understanding
Question 1
1 of 2What is an opportunity cost?
Why this still matters
The next time you spend $1, ask: who else benefited besides you?
Stretch Challenge
Try this in real life this week.
Find two products that look similar but cost very different. Why?
For the dinner table
“If you had $20 to start a business, what would you sell?”
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Fair Trade and Ethical Shopping
Spot the cost behind the price.
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