Day 20: Risk

This video explores the concept of risk and its significant contribution to poverty. It defines risk as the potential for facing uncertainty and unfavorable outcomes in various events, which can manifest in economic, health, environmental, or social forms. The video discusses why risk is a critical problem in the struggle against poverty, pointing out that high levels of risk leave individuals and households vulnerable to unexpected events, thereby hindering their capacity to escape poverty. It emphasizes the importance of addressing risk to protect vulnerable populations, promote sustainable development, and ensure that no one is left behind. The script suggests several strategies for mitigating the impact of risk on poverty, including expanding social safety nets, developing risk management tools, investing in disaster preparedness, and strengthening human capital through education and healthcare. It concludes by recommending key skills students passionate about solving poverty should learn, including risk assessment, social entrepreneurship, and policy analysis.

Summary

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Additional Resources

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Activity

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Skill Lesson Mastered

Demonstrate mastery of the knowledge and skills presented in this lesson by applying it to the above activity. If, and only if, you have a full understanding and have mastered the knowledge and skills presented in this lesson, select the next lesson in the navigation.

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