Lecture 2: Quantifying Natural Hazards and Risks

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A set of vocabulary flashcards covering key concepts related to quantifying natural hazards and risks, as discussed in GEOL 200: Earth's Fury.

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10 Terms

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Hazard

The threat of a naturally occurring event.

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Risk

The cost associated with the hazard, including human and economic costs.

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FEMA

Federal Emergency Management Agency, which quantifies and addresses natural hazards and risks.

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Expected Annual Loss (EAL)

Represents the average economic loss in dollars from natural hazards each year.

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Community Resilience

The ability of a community to prepare for, adapt to, and recover from natural hazards.

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Social Vulnerability

The susceptibility of social groups to the adverse impacts of natural hazards.

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Risk Index

A measure that represents the potential for negative impacts resulting from natural hazards.

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Quantifying Risk

The process of assessing hazard probabilities and associated costs for emergency management and planning.

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Recurrence Interval

The characteristic time needed for an event of a certain magnitude to occur.

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Probabilistic Assessment

Evaluation of how likely a specific natural hazard event is to occur within a certain time frame.