Rule of 70

Definition

The Rule of 70 is a mathematical formula used to estimate the doubling time of a growing quantity based on its annual growth rate. It provides a quick way to determine how long it takes for a population or any other quantity to double in size.

Related terms

Exponential Growth:

Rapid and continuous growth where the quantity increases at an increasing rate over time.

Carrying Capacity: The maximum number of individuals of a species that an environment can sustainably support.

Population Dynamics:

The study of changes in population size and composition over time, including factors influencing birth rates, death rates, immigration, and emigration.