Logistic Growth
Logistic growth explained in an easy to understand way:
Imagine trying to start a new social media account from scratch. At first, gaining followers is slow because only a few people know you exist, but as more people start to follow and share your content, your follower count begins to grow rapidly. However, eventually, this growth will slow down as you reach a saturation point where most interested people are already following you. In this analogy, the initial challenge of gaining followers represents the slow start of a population's growth, the rapid increase in followers as your account becomes more popular mirrors the exponential growth phase, and the eventual slowdown as your account matures and reaches most potential followers reflects the slowing of growth as resources become limited.
Practice Version
Logistic Growth: When population growth starts slow, then sees exponential growth, then slows again. Logistic growth. In simple terms for Grade 8, logistic growth is how a population grows quickly at first, then slows down as resources run out.