Linear Growth Model

The Linear Growth Model describes a situation where a quantity increases at a constant rate over time. Imagine adding the same amount of money to a savings account every month; your balance grows steadily. In this model, if you plot the growth on a graph, you'll see a straight line. This concept applies in various fields, such as population growth, economics, and resource consumption, where changes happen consistently over time without acceleration or deceleration. It’s a straightforward way to understand how things can steadily increase without fluctuations.