What is the theory of punctuated equilibrium?

It describes one way that new species arise.

It describes the rate of geologic time.

It explains how domestic animals evolved.

It explains why mass extinctions occur.

The theory of punctuated equilibrium proposes that new species evolve quickly in relatively short bursts of time, separated by long periods of stability with little change. This theory contrasts with the traditional view of gradual evolution over long periods of time.