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This lecture explores the concepts of vulnerability and exposure in the context of disaster risk reduction. It covers the definition of vulnerability, factors influencing it, root causes, and the relationship between exposure and vulnerability. The lecture also delves into various parameters affecting vulnerability at different levels, such as individual, community, country, and region. Additionally, it discusses the dynamic pressures and societal deficiencies that contribute to the progression of vulnerability, using examples to illustrate the impact of limited resources and unsafe conditions. The importance of understanding vulnerability as the human dimension of disasters is emphasized, highlighting the variability of vulnerability over time and space.