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Dynamic Equilibrium

04/11/2015

Concept of system keeping itself in a steady state.

Control and feedback loops provide inputs into this concept.

Concept suggests system has management capabilities to maintain dynamic equilibrium.

If dynamic equilibrium not maintained, system may cease to function or may function in a manner that does not meet purpose, objectives or goals.

Example: British political system
Has adapted to many changes and continued to function.

Glorious Revolution (1688-1689) replaced King James II with Mary (his daughter) and William. Established supremacy of parliament over the crown leading Britain to become a constitutional monarchy and parliamentary democracy.

Changes include industrialisation, two world wars, creation and dissolution of worlds largest empire and economic depression.

The French Fourth Republic only lasted between 1946 and 1958 as it couldn’t adapt to change.

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