Final answer:
The reduction in genetic diversity in a population due to a significant loss of individuals is known as the bottleneck effect, which is an example of genetic drift and differs from the founder effect. So the correct option is B.
Step-by-step explanation:
The loss of diversity in a reduced population you're describing is called the bottleneck effect. This effect occurs when there's a significant reduction in population size due to a random event, such as a natural disaster, which results in a large portion of the gene pool being wiped out. In one instance, the surviving population's genetic structure becomes representative of the entire population, leading to reduced genetic variation.
Both the bottleneck effect and the founder effect are specific examples of genetic drift. However, they are not the same. While the bottleneck effect is often due to a drastic and sudden decrease in population size, the founder effect occurs when a new population is established by a small number of individuals from a larger population, potentially carrying an unrepresentative set of alleles.