Write a short note on doubling …
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Gaurav Seth 4 years, 3 months ago
The doubling time is time it takes for a population to double in size/value. It is applied to population growth, inflation, resource extraction, consumption of goods, compound interest, the volume of malignant tumours, and many other things that tend to grow over time.
Doubling time is the amount of time it takes for a given quantity to double in size or value at a constant growth rate. We can find the doubling time for a population undergoing exponential growth by using the Rule of 70. To do this, we divide 70 by the growth rate (r).
The world's current (overall as well as natural) growth rate is about 1.14 percent, representing a doubling time of 61 years. We can expect the world's population of 6.5 billion to become 13 billion by 2067 if current growth continues.
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