Growth Models

Growth models are mathematical frameworks used to describe how something changes or develops over time, such as populations, economies, or businesses. They help us understand patterns, predict future growth, or identify factors influencing progress. For example, a simple growth model might show how a company's sales increase exponentially, while more complex models consider factors like market saturation or resource limits. These models are essential tools for analysts, researchers, and policymakers to make informed decisions and plan for the future based on expected growth trends.