Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Are The Difference Between Risk And Uncertainty?

difference risk uncertainty
0
Posted

What Are The Difference Between Risk And Uncertainty?

0

The major difference between risk and uncertainty is that uncertainty is the lack of faith in a situation while risk is to put yourself in the uncertain situation. Risk can lead something to dangerous situation like risk of playing with fire. However, uncertainty is a doubt or a vague idea about anything. Risks are generally produced because of uncertainties but it is not necessary that all uncertainties may lead to risks.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123