Question

Seven million Côte d'Ivoirians earn their living in the cocoa and coffee farming industry. How much of the profits reaped from this industry go to the farmers themselves?

a) Farmers in Côte d'Ivoire receive only a tiny fraction of the profits.
b) Farmers in Côte d'Ivoire receive a significant part of the profits.
c) Farmers in Côte d'Ivoire receive nearly all of the profits.
d) Farmers in Côte d'Ivoire are included in a profit-sharing plan with Archer Daniels Midland.

Answer 1

Farmers in Côte d'Ivoire receive only a tiny fraction of the profits from the cocoa and coffee farming industry. Therefore, the correct option is A.

Step-by-step explanation:

The answer to the question is a) Farmers in Côte d'Ivoire receive only a tiny fraction of the profits.

In many coffee and cocoa farming industries around the world, including Côte d'Ivoire, the profits from the industry are often not distributed equitably among the farmers. Instead, the majority of the profits end up in the hands of middlemen, traders, and multinational corporations. This systematic inequality in the distribution of profits means that farmers in Côte d'Ivoire receive only a small percentage of the profits they help generate. Unfortunately, this is a common issue in the global agricultural sector.

For example, in Colombia, coffee farmers also face similar challenges. While coffee production in Colombia supports up to 500,000 small farms and local growers, the profits they receive are often minimal compared to the overall value of the industry.