EM USA Terms and Definitions - FEMA

Jul 28, 2006 · And (4) How are we going to pay for the response.” (Biby 2005, 62) ... (Schwab, et al. 1998, 329) Risk: For engineering purposes, risk is defined as the expected losses (lives lost, persons injured, damage to property, and disruption of economic activity) caused by a particular phenomenon. Risk is a function of the probability of particular ... ................
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