Final answer:
The risk described is a Pure Risk, which refers to uncontrollable events that could result in economic loss, such as natural disasters, war, or massive unemployment.
Step-by-step explanation:
The risk described in the provided sentence is a Pure Risk. This type of risk refers to occurrences that have a potential for only loss and no gain, and over which individuals have little control. Examples of pure risks include natural disasters, war, or massive unemployment, which are events that could significantly impact an individual's economic stability. Financial assets are subject to various types of risks, and investors in the financial market are typically concerned with assessing these risks to protect their investments and ensure returns. Assessments of risk in the financial market involve considering the likelihood of negative events and the potential magnitude of losses associated with different types of investments such as bonds, stocks, and retirement accounts like IRAs. An understanding of capital markets, money markets, primary and secondary markets is also crucial for investors when analyzing risks.