This document discusses key concepts related to hazards, disasters, and risk. It defines hazards as dangerous events or conditions that can cause injury, damage, or harm. Hazards are categorized as natural or manmade. Vulnerability refers to how susceptible people, infrastructure, or areas are to hazards based on physical characteristics and socioeconomic factors. Risk takes into account both the likelihood of a hazardous event occurring and the potential losses and damages that could result.