key term - Exponential Growth

Definition

Exponential growth describes when something increases rapidly due to constant proportionality - meaning it grows more and more quickly as it gets larger.

Related terms

Logistic Growth:

This is when the growth rate decreases as the population reaches carrying capacity.

Carrying Capacity:

It refers to the maximum number of individuals that an environment can support without degradation.

Doubling Time: This term refers to the period of time required for a quantity to double in size or value.