For each of the following examples determine if the statement describes a pure risk or a speculative risk.
1. The risk of political unrest and global issues that could lead to war.
2. Risk of mistake in manufacturing process that causes illness.
3. Risk related to household names such as Pepsi, Walmart, McDonald's, etc.
4. Purchasing foreign currency.
5. Developing and launching a new product in a competitive market.
6. Risky hobbies that have a higher risk of accidental death, i.e. skydiving, motorcycling, hang gliding, rock climbing, foreign travel, etc.
7. Risk of a company's cellular device technology becoming obsolete and a competitor taking over market share.
8. Risk of damages from Hurricane Harvey.
9. Entering a March Madness basketball pool
10. Investing in the stock of an upstart tech company.