The Effect of Coffee on Globalization

Essay specific features

 

Issue:

History

 

Written by:

Richard G

 

Date added:

November 3, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1059

 

Was viewed:

2142 times

 

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Essay content:

"For every pound of coffee sold in the United States - which can vary from $2.69 for a 13-ounce can of Folgers to $8.49 for a one-pound bag of Starbucks beans - farmers get less than 35 cents and coffee pickers less than 14 cents, according to industry statistics" (Neuffer). These statistics are only assuming that the farmers are lucky enough to have their product bought by a foreign investor...
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These statistics are only assuming that the farmers are lucky enough to have their product bought by a foreign investor. In many instances, the farmers are dependent upon the market price for their beans. If a certain region of the world were to produce a bean at a fraction of the cost, all coffee-buyers would move their purchases to the more inexpensive option...
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