What's the practical importance of having knowledge of reaction rates?

help please! thanks so much!

Answer:
It will help you find the quantity of the product formed after a definite time, very useful for radioactive decay, and is thus used to predict the age of any substance and even the age of earth by using Carbon dating.
Its mostly useful in case of slow reactions, and then you can decide how long to wait to get the desired amount of the product.

savvy?
It applies to everything from drug activity to explosives. Anywhere a chemical reaction occurs, being able to control the rate is critical.
To predict a reaction, we will need to find it from the thermodynamic or energy point of view and from the reaction rate point of view.

For example:
The transformation of coal into diamonds is thermodynamically will occur, but from the kinetic view, it doesnt really occur because it reacts extremely slow. That's why this reaction doesnt happen in the room condition. Or else the diamonds price will go down. :)
Why it's slow? because it has a high activation energy. That's what we study in reaction kinetics.

peace
vixklen
so people can predict what is going to happen in chemical reactions
so that you may able to control reactions happening even in our daily lives. (like rusting of iron, spoilage of food, explosives, and the likes)

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