situation that causes substantial losses and damage to communities and individuals, possibly including losses of life and livelihood assets and damage to the ecosystem, which leaves the affected communities unable to function normally without outside assistance.
Risk
Is the possibility of losing something of value.
The possibility that something bad or unpleasant (such as an injury or a loss) will happen (Merriam-Webster)
Capacity
Combination of all the strengths, attributes, and resources available within a community, society, or organization that can be used to achieve agreed goals.
Disasterrisk
likelihood that people will experience disasters.
DR (disaster risk) = V (vulnerability) * H (hazard)/C (capacity)
From this equation it can be concluded that disaster risk reduction encompasses three areas of activities:
Prevention or mitigation of hazards
Reduction of vulnerabilities to hazards
Strengthening capacities to withstand or cope with hazards.
DisasterRiskFactors
Are variables that either aggravate or mitigate the effects of hazards, affecting the degree or scope of a disaster.
Physical factors
Would pertain to tangible objects or infrastructure, like the availability of fire exits, or the sturdiness of the building, or the presence or absence of objects that can harm you or help you, etc.
Psychological factors
Include state of mental capacity and health (e.g. are we dealing with babies? Kids? Adults? People with special needs?), perception of self (e.g. self-assessment of the capability to respond to disasters, fear), etc.
Socio-cultural factors
Include religion, social status, traditions, perception by society, etc
Economic factors
Include assets and liabilities, income, economic class, etc.
Political factors
Include government structure, diplomatic issues, etc.