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Lecture 2.6 Risk Management: Strengths and Weaknesses

In this module, we will take a closer look at risk management, one of the most dominant approaches to dealing with risk in modern society. You will then be presented with two specific risks which illustrate how this approach is used in practice: the risk of natural hazards, and risks in the chemical industry. In the last video of this week, we will discuss some of the strengths and weaknesses of the risk management approach.

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