Exponential growth
Exponential growth is a mathematical concept that refers to a situation in which something increases in size by a constant percentage of its present value over successive periods of time. Essentially, this means that growth is faster and faster as time goes on, because the growth rate is based on the ever-increasing present value. A classic example of exponential growth is population growth, where a population increases by a fixed percentage each year. This can lead to a significant increase in population in a relatively short period of time.
The dangers of exponential growth"
However, exponential growth can also have negative consequences, such as depleting resources or accelerating environmental problems. Understanding exponential growth is important because it makes us aware of the potential consequences of unbridled growth and the need to embrace sustainable practices to manage its impact on our society and planet. The concept of exponential growth applies to several fields, including economics, technology, ecology and epidemiology, and has a profound impact on our world.