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O-Ring Model

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Title:
O-Ring Model
Description:

The O-Ring theory of development deals with how firms and economies are organized when one weak link in the production process can destroy the entire value of production. The model has implications for wages, inequality, and big push theories of development.

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Video Language:
English
Team:
Marginal Revolution University
Project:
Other videos
Duration:
19:29
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Norwegian Bokmal subtitles

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