Chapter 9: Consumer Responsibilities

Globalisation

how the countries of the world exchange goods, services and ideas

Ethics

acting based on whether something is right or wrong

Business Ethics

refers to the moral choices made by a business

Fair trade

A social movement that helps farmers in developing countries get a fair price for the crops they grow and makes sure the workers are treated with respect

Sustainable Development

Meets the needs of the present without stopping future generations from meeting their needs

Carbon Footprint

measure of how the activities of an individual, organisation or country affect the environment

Food miles

The distance food travels between the producer or manufacturer and the consumer

Benefits of Globalisation

Consumers have a wider choice of goods and services

Allows for the sharing of new ideas and cultures

Creates employment

Risks of Globalisations

Environmental impact of goods are transported long distances

Cities and towns lose their unique identities

Unethical Corporate Practices

Unfair labour practices - For example, employing children or paying unfair wages

Damaging the environment - example: running a factory that releases harmful waste into nearby rivers

Mistreating animals to save money