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Supply and demand of the world banana market
A banana exporter explains how prices are influenced by supply and demand. A global surplus of bananas leads to low prices, and lacking alternatives, Ecuadorian producers attempt to increase production in order to remain in business. Large quantities of pesticides are used and workers are exposed to dangerous chemicals. There is a negative effect on the environment.
The clip can lead to a discussion of the problems of over-reliance on primary industry. What are the alternatives for Ecuador?
Students could be encouraged to identify some of the factors which influence the supply and demand of bananas.
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