Final answer:
The punctuated equilibrium model of evolution suggests that species undergo rapid change to form new species and then have long periods of little to no change, often observed as bursts of change in the fossil record.
Step-by-step explanation:
The punctuated equilibrium model of evolution describes the process where species accumulate their unique features rapidly, and then change very little for the rest of their existence. This model begins with a punctuated or abrupt change and then the species remains in balance, experiencing long periods of stasis followed by rapid and significant changes. The punctuated equilibrium model suggests that rapid changes happen due to a variety of environmental factors, leading to the quick differentiation from a parent species, and these periods of evolution are often reflected in the fossil record as bursts of change amidst long durations of little or no change.