THE SOCIAL ECONOMY 3 Chapitre Organizations that truly promote the principles of solidarity and responsibility, open membership, democratic governance and reinvest part of their profits into sustainable development or general interest projects are part of the social economy. Cooperatives are considered part of the social economy. In fair trade, the sales prices cover the costs of sustainable production with decent work conditions. Fair trade enables participating producers in developing countries to invest and plan for the future. It requires a certification or labeling process which is rigorous but costly. & TECHNICAL TERMS Fair trade A certification or labeling process & COMMON TERMS * Common nouns Membership General interest A sales price A producer Developing countries Le commerce équitable Processus ou démarche de certification L'adhésion, l'affiliation, l'abonnement L'intérêt général Un prix de vente Un producteur, un fabricant Les pays en développement, émergents 195