Logistic growth refers to the growth pattern where expansion is rapid initially due to abundant resources, but slows down as resources become limited leading to stabilization around carrying capacity.
It's like filling up a water balloon. At first, when the balloon is empty, the water fills up quickly. But as the balloon gets fuller and space becomes limited, the rate of filling slows down until it stops when the balloon is full.
Exponential Growth: A pattern of data that increases or decreases at a constant rate per unit time.
Sigmoid Curve: The S-shaped curve that represents logistic growth in graph form.
Limiting Factors: Environmental conditions that limit the growth, abundance, or distribution of an organism or a population within an ecosystem.
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