Asbestos is a naturally occurring mineral that was commonly used in construction from the 1940s to 1980s due to its durability, fire resistance, and insulating properties. It can be found in many older homes and buildings. When asbestos fibers become airborne and are inhaled, they can cause serious health issues like asbestosis, lung cancer, and mesothelioma. The risk of disease depends on the type and amount of asbestos fibers inhaled and can take 10-50 years to develop. While tightly bound asbestos may pose little risk, any asbestos should be handled carefully and exposure minimized to reduce health risks.