Vulnerability (in contrast to poverty which is a measure of current status) should involve a predictive quality: it is supposedly a way of conceptualizing what may happen to an identifiable population under conditions of particular risk and hazards. Is the complex set of characteristics that include a person's initial well-being (health, morale, etc). self-protection (asset pattern, income, qualifications, etc). social protection (hazard preparedness by society, building codes, shelters, etc). social and political networks and institutions (social capital, institutional environment, etc).. Social Sciences