Equilibrium is a state of balance or stability in a system, where the forces or factors that affect

the system are in a state of equilibrium or equal balance. In a physical system, equilibrium
occurs when the net force acting on an object is zero, meaning that there is no acceleration or
movement. In a chemical system, equilibrium occurs when the forward and reverse rates of a
chemical reaction are equal, resulting in a constant concentration of reactants and products. In
economics, equilibrium occurs when the supply and demand for a product or service are in
balance, resulting in a stable price. Equilibrium is a fundamental concept in many fields of
science and social sciences, and is essential for understanding the behavior of complex
systems.