By this we mean:
Young Earth refers to the literal Biblical teaching of Creation by God a few thousand years ago.
Old Earth refers to the Evolutionary theory of big bang, billions of years, and other variations on the 'theme' including several Christian Compromise ideas such as Day Age Theory, Gap Theory, and Theistic evolution.
But, why is this important?
What difference does it make?
Well, a very good article explains. HERE'S THE LINK
