What is meant by Space and Time in Maya? Actually, it is a term of Physics and also one of the complex terms of the philosophy but in the terms of Maya 3D software we mean by the term Space and Time as the time in which an animated 3D image is displayed in space of Maya 3D work space replacing the previous 3D animated image.
Maya software is great software while you are working in Maya you should be well aware of its all basic terms. One of them is being discussed here i.e. Space and Time or in terms of Maya 3D you call it Timing and framing. Space can be referred as 3D work space of Maya.
Suppose you are working on 3D image of a ball having Diameter of 3 inches in 1st frame and in 24th frame its diameter is 6 inches and play frame rate is 24 frames per second. When the slider comes from 1St to 24th frame in one second its size gets doubled. This is what the Timing and Framing is in Maya 3D.