In economic terms,the purpose of the fair-trade movement is to:

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The fair-trade movement aims to ensure that low-income producers and workers benefit from international trade by requiring fair prices and working conditions. This helps to address issues of inequality and poverty in these communities. Fair trade also promotes sustainable production practices, but reducing adverse environmental effects is not its main purpose. Preventing overextraction of natural resources is a related concern, but it is not the main focus of fair trade. Lowering prices for consumers is not a goal of fair trade, as it prioritizes fair compensation for producers and workers over cheaper prices for consumers.

In Economic Terms,the Purpose of the Fair-Trade Movement Is To