Final answer:
The Risk Paradigm states that risk occurs when there are three conditions: Hazard, Exposure, and Vulnerability. These conditions represent the potential to cause harm, the act of coming in contact with the hazard, and the susceptibility to be harmed, respectively.
Step-by-step explanation:
To elaborate, a hazard is something that has the potential to cause harm, exposure is the contact with the hazard, and vulnerability is the susceptibility to be harmed by the hazard. The consequence is an outcome of these three interacting factors but is not one of the three necessary components for risk to be present according to the Risk Paradigm. An example illustrating the Risk Paradigm could involve urban air pollution (hazard) how often people breathe in contaminated air (exposure), and whether they have respiratory issues that make them more susceptible to harm (vulnerability). The paradigm helps to analyze and manage potential risks to minimize the impact on public health.