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Understanding Fair Trade

  • Submitted By: Knowledge@Wharton Summer Educator
  • Subject(s): Management
  • Grade Level(s): 9, 10, 11, 12
Overview:

Within the movement toward socially responsible business practices, new vocabulary and symbols have become important in identifying business and industry’s participation in such practices. In this lesson, students will learn about what the tag of “fair trade” stands for. Additionally, students will learn about the certification organizations who verify that socially responsible means were employed in the production of goods. Students will also be encouraged to critically examine the notion of fair trade, given the power dynamics that often exist in a relationship between vulnerable and powerful entities.

NBEA Standard(s):
  • Management, V. Ethics And Social Responsibility
Knowledge@Wharton High School Articles:
  • “The Business of Bling: News from the Diamond Trade”
  • “Tackling the Problem of Hunger in America”
  • “Seth Goldman of Honest Tea: The ‘Perfect Ingredient’ for Social Impact”
  • “Inside the Economic Warfare Involving Tariffs and Trade”
  • “How the Trade War with China Is Hurting U.S. Farmers”
  • “Former Olympian Benjamin Lewis Is Revolutionizing Animal Testing”
  • “Exploring Ties Between Countries at the Indian Embassy in Peru”
  • “Educator Toolkit: Tariffs and Trade”
  • “Economic Partnership: Coffee Beans, Moroccan Rugs and the Future of Fair Trade”
  • “Dark Milk Chocolate Bars Help to Unlock Wealth in West Africa”
  • “Career Insight: Thinking about Business Ethics in a Practical Way”

Lesson Plan Details:

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