• Defining "Precarious": Something is precarious if it is not securely held or in position, and is likely to fall or collapse. It also describes a situation that is uncertain and dependent on chance or unknown circumstances.
Matching the Context: The sentence describes a "lack of security and stability" as well as a "hazardous and perilous situation." These phrases are perfect descriptors for a precarious state.
Specific Usage: It is frequently used to describe financial states (e.g., "a precarious bank balance") or physical positions (e.g., "a precarious ladder").
