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Possible Answers: FINE.
Last seen on: Newsday.com Crossword – Aug 14 2018
Random information on the term “FINE”:
The fair trade movement has undergone several important changes since its early days following World War II. Fair trade, first seen as a form of charity advocated by religious organizations, has radically changed in structure, philosophy and approach. The past fifty years have witnessed massive changes in the diversity of fair trade proponents, the products traded and their distribution networks.
Fair trade principles have deep roots in European societies long before the first structured alternative trading organizations (ATOs) emerged following World War II. Many of the fundamental concepts behind fair trade actually show a great resemblance with pre-capitalist ideas about the organization of the economy and society.
The notion of the ‘old moral economy’ is a fitting example of such conceptions. E. P. Thompson, in his work on 18th century England, described a society where “notions of common well being, often supported by paternalistic traditional authorities, imposed some limits on the free operations of the market”. Farmers were then not allowed to manipulate prices by withholding their products to wait for price increases. The actions of the middlemen were always considered legally suspect, were severely restricted and the poor were provided opportunities to buy staple foods in small parcels. Fair trade was already seen as a way to address market failures; although the concept mainly revolved around consumer, rather than producer, rights.