alternative trade

Alternative trade refers to trading practices that seek to provide a fairer and more equitable approach to global commerce. This includes fair trade, which ensures producers in developing countries receive fair compensation for their goods, and local trade systems that prioritize local businesses. Alternative trade often emphasizes sustainability, ethical sourcing, and building direct relationships between consumers and producers. By focusing on social and environmental standards, alternative trade aims to alleviate poverty, promote community development, and reduce the negative impacts of conventional trade practices, ultimately fostering a more just and responsible global economy.