1.3 Exponential Growth
1.3 Exponential Growth
Figure 1.3.1 Mathematical Representation of Exponential Growth:[see reference 3]
Figure
1.3.1 sourced from Wikipedia (Author: McSush) under a the Creative Commons CC0
1.0 Universal Public Domain Dedication License
http://en.wikipedia.org/wiki/File:Exponential.svg
The
above
graph
shows
three
different
functions
increasing
over
time.
The
y
axis
is
the
amount
of
something;
the
x
axis
is
increasing
time. The red graph increases
proportionally,
the
blue
increases
cubically,
and
the
green
graph
increases
exponentially. In this example
the
exponential
graph
doubles
over
a
set
period
of
time
but
it
could
triple,
quadruple
or
increase
by
any
factor
of
x
over
time.
The
green
graph
is
the
important
one
as
it
is
this
model
that
many
world
systems
such
as
population
growth
and
resource
consumptions
follow. The shape of
that
graph
and
the
concepts
it
introduces
are
essential
to
understanding
the
trajectory
of
patterns
in
society.
Example:
A
bacteria
is
introduced
to
a
lake
of
a
finite
size. The bacteria
cover
a
set
area
of
the
surface
of
the
lake,
and
this
area
doubles
in
size
every
hour. After 1
hour
the
bacteria
covers
1%
of
the
lake. How many
hours
will
it
take
to
cover
the
whole
lake?
It takes
6
hours
for
the
bacteria
to
cover
just
under
one
third
of
the
lake
(32%),
but
in
the
next
hour
and
a
half,
it
covers
the
whole
of
the
lake.
This
example
is
intended
to
demonstrate
the
nature
of
exponential
growth
– amounts
become
very
large
very
quickly.
It could be
considered
that
we
are
now
in
that
final
hour,
where
the
amount
of
water
left
on
the
lake
is
our
remaining
resources. If it is known that
the
world
is
strained
with
our
presence
currently,
those
strains
will
double
in
a
short
period
of
time,
and
double
again
after
that
unless
radical
changes
are
made.