Lesson 3, Topic 1
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Understanding Risk

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Generally, everyone has some general understanding of the meaning of the word ‘risk’. As children, we are taught that something is risky, or we are told not to take risks. But what exactly is ‘a risk’?

In fact, we all take risks every day quite happily. We do things knowing that there is a risk involved. For example, we know that there is a risk involved in driving a car, or riding a bike, or going on a skiing holiday. We accept the level of risk because in our minds, although the potential consequences can be death or serious injury, we think that if we are careful, the chances of something dreadful happening is very low.