what were the effects of the baby boom
Baby boom The issues of the baby boom time period are that it could hugely impact the population change and cause social and economic impacts. One economic impact of the baby boom is the concern that when baby boomers get older and retire, the dependency ratio will increase. The Census Bureau estimates that the dependency ratio in the United States will be 65 by 2020 and reach a record-breaking high of 75, the highest it has been since the 1960s and 1970s when those baby boomers were children.[5] The economics of an area or country could benefit from the baby boom: It could increase the demand of housing, transportation, facilities and more for the increasing population. With an increase in population, the demand for food also increased. If a country cannot keep up with a rapidly increasing population, it could cause a food shortage and insufficient health care facilities. Without the sufficient supplies needed for the population, it could cause poor health that could lead to deaths in the population. [6]
Baby boomers Baby boomers are the demographic cohort following the Silent Generation. There are no precise dates for when this cohort starts or ends; demographers and researchers typically use starting birth years ranging from the early-to-mid 1940s and ending birth years ranging from 1960 to 1964.
Millennials Millennials (also known as Generation Y) are the demographic cohort following Generation X. There are no precise dates for when this cohort starts or ends; demographers and researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years.
Millennials Millennials (also known as Generation Y) are the generational demographic cohort following Generation X. There are no precise dates for when this cohort starts or ends; demographers and researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years. Millennials are sometimes referred to as "echo boomers" due to a major surge in birth rates in the 1980s and 1990s, and because millennials are often the children of the baby boomers. The 20th-century trend toward smaller families in developed countries continued, however, so the relative impact of the "baby boom echo" was generally less pronounced than the post–World War II baby boom.