Final answer:
Exponential growth models show unlimited population growth, while logistic models incorporate carrying capacity, leading to growth that slows and stabilizes near this maximum sustainable population size. Carrying capacity represents the threshold of resource availability that can sustain a population over time.
Step-by-step explanation:
The main differences between the exponential and logistic growth models lie in how population size increases over time relative to resources. In an exponential growth model, the population size grows continuously and without limit which is not realistic in nature due to resource constraints. The logistic growth model, on the other hand, includes the concept of carrying capacity (K), which is the maximum population size that an environment can sustain indefinitely given the available resources. As a population nears its carrying capacity, the growth rate slows down, until the population size stabilizes at or near this capacity.
The carrying capacity (K) is in essence the threshold population size that an environment's resources can support without leading to an ecological collapse. It factors in resources such as food, space, and other necessities for a population. A population's growth starts to slow in the logistic model as it approaches half of the carrying capacity, balancing between growth potential and resource availability.