Examine the impact of risky behaviour on different spheres of well-being (social,emotional, physical and Spiritual) by Reading on case Study (Youth Risk Behaviour Survey)
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Socially, financially risky behaviours can be beneficial or not, depending on success. Physically risky behaviours like skydiving can impress people and provide opportunities for lively conversations and a connection to more adventurous people. Violent, unhealthy or illegal, risky behaviours can alienate people.
Emotionally, risky behaviour can be a catalyst for a person to seek help. If the risks pay off the behaviour can boost confidence. If it doesn't, it can reinforce poor self esteem.
Physically, risky behaviours can destroy or erode health. They can also be beneficial cardiocvascular health. It depends of the type of behaviour and whether or not the risk results in success or failure.
Spiritually? That's anyone's guess. Some spiritual beliefs systems reward taking a leap of faith. Others espouse modesty and humility.
In general, risky behaviours like excessive use of dangerous, addictive drugs or commiting criminal or violent acts are damaging socially, emotionally, physically and maybe spiritually.
But there are exceptions. Without opiates, humanity would not have been enriched by the works of Byron and Jimi Hendrix. Without violence, the US would still have slavery. Oscar Wilde wrote de Profundis in prison.
Life is risk. Risk can kill you. It's a complicated and subjective matter.