Explain the two types of risk, Humanities

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Explain the two types of Risk?

i. Personal Risk: An individual, who is given enough information, will be in a position to decide whether to take part in a risky activity or not. They are more prepared to take on voluntary risks than involuntary risks.

ii. Public Risks: Risks and advantages to the public are more easily determined than to individuals, as larger number of people is taken into account. Involuntary risks are found here.

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