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Choconomics: The Rising Cost Of Chocolate

The Economy, Stupid

CHAPTER

Challenges in the Cocoa Industry

The chapter discusses the various challenges faced by cocoa farmers, including adverse weather conditions, diseases affecting cocoa trees, fixed government prices affecting investment in fertilizers, and the disparity between supply and demand affecting cocoa prices. It also explores the impact of these challenges on the cost of chocolate for consumers and introduces the chocolate scorecard as a tool to evaluate industry practices.

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