What is the baby boomer phenomenon?
Although an official definition of the baby boom does not exist, it generally describes a period of increased birthrates lasting from 1946 to about 1965. The Great Depression of the 1930s had prolonged the decline in Canada’s birthrate (see Population), as it had in most Western countries.
What is the age of baby boomers?
The breakdown by age looks like this: Baby Boomers: Baby boomers were born between 1946 and 1964. They’re currently between 57-75 years old (71.6 million in the U.S.) Gen X: Gen X was born between 1965 and 1979/80 and is currently between 41-56 years old (65.2 million people in the U.S.)
What were three factors that contributed to the baby boom?
Explain three factors that contributed to the baby boom.
- Couples who had delayed marriage during World War II and the Korean War were now getting married and starting their families.
- The government encouraged the growth of families by offering GI benefits to buy houses.
What were two key events that shaped how baby boomers saw the world?
Here’s a list of 15 of those events:
- 1954 – Army-McCarthy hearings begin.
- 1955 – Rosa Parks refuses to move to the back of the bus.
- 1957 – First nuclear power plant.
- 1960 – Kennedy elected President.
- 1962 – Cuban Missile Crisis.
- 1963 – Martin Luther King leads march on Washington DC.
- 1963 – President John Kennedy assassinated.
How do baby boomers learn?
Baby Boomers — Born between 1946 and 1964, baby boomers expect a more personally-focused learning structure. The classroom continues to be an effective setting, although members of this generation tend to favor in-class participation, reflection, and feedback to bring them more directly into the process.
Why are baby boomers called the greatest generation?
The Greatest Generation is a term used to describe those Americans who grew up during the Great Depression and fought in World War II, or whose labor helped win it. The term “the Greatest Generation” is thought to have been coined by former NBC Nightly News anchor and author Tom Brokaw in his book by the same name.
What is the age wave theory?
Age Wave. This theory suggests that due to the size and tendencies of the Baby Boom generation, this population had the power to transform consumer trends and life stages. Significant market shifts across a range of industries have been associated with the Age Wave, including the impact on the manufacture and sales of suburban homes, fast food,…
What is Dychtwald’s baby boomer Age Wave?
Ken Dychtwald’s baby boomer age wave theory argues that the aging of the baby boomer generation has had, is having, and will continue to have a transformative effect on society and the economy.
What is Dent’s baby boom theory?
Based on this theory, Dent predicted that the economy would enter a sustained period of decline once the baby-boom generation passed the age of their peak consumer spending and moved toward retirement and that U.S. and European markets would likely peak between 2008 and 2012, the period when most baby boomers reached age 50. 1
Is there an Age Wave in the economy?
Following Dychtwald, investor Harry Dent has made predictions since the 1980s, building on the age wave concept to warn that an economic peak in U.S. and European markets would occur between 2008 and 2012 as the last members of the baby-boom generation reached 50—the age he believes consumer spending habits peak. 1