What Have Sociologists Learned About Disasters? What Are Three Types

question 53

Essay

What have sociologists learned about disasters? What are three types of disasters? Provide an example of each. Explain why the social damage caused by a disaster may end up being more serious than property damage.

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Definitions:

Present Values

The current worth of a future sum of money or stream of cash flow given a specified rate of return.

Expected Value Analysis

A statistical technique used to calculate the average outcome when the future includes scenarios that may or may not happen.

Sensitivity Analysis

The process of analyzing the impact of varying key assumptions or input variables on the outcome of a decision or model.

Annual Net Cash Flow

The difference between a company's total cash inflows and outflows over one fiscal year, reflecting its ability to generate cash.