GEOL 106 Lecture Notes - Lecture 7: Truism

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Readings in textbook: chapter 1: pages 2-11, 13-22 (most recent ediion: 3rd canadian ediion) We need to disinguish hazard from resource. Death toll, environmental impact, $, geographic scope, long term efects. *extend of human loss of human life, extent of human injury, extent of money loss due to property damage, group vs ind, reconstrucion ime, societal reacion, geographical scale. The poor lose their lives while the rich lose their money why: 90% deaths are in the less industrialized countries, 75% of economic damage is in the more industrialized coutries. Risk deiniion: (probability of hazard occurring) x (severity of consequenes if hazard happens: ph x sh, risk= ph x sh, empiracle observaion and scieniic studies, social/economic impact studies. Wise to add a margin of safety in risk analysis concept of safety factor (esimate of probability of failure) Once you have the data" (ph and sh) you make your choice it s enirely a mater of personal/societal choice.

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