Baby Boomer


Baby Boomer is a term that has been out for some time. Many say that people born under these years came out after the WWII, making them among the elite of children at that time that were suddenly given birth. Historic and an honor is what they say. Does it mean it cannot happen again? Well, let see but I think this term may outgrow its meaning soon considering the rate that the world is having population control problems!

A person who was born between 1946 and 1964. The baby boomer generation makes up a substantial portion of the North American population. Representing nearly 20% of the American public, baby boomers have a significant impact on the economy. As a result, baby boomers are often the focus of marketing campaigns and business plans.

After the end of World War II, birth rates across the world spiked. The explosion of new infants became known as the baby boom. During the boom, an estimated 77 million babies were born in the United States alone! The large increase in population produced a substantial rise in demand for consumer goods, stimulating the post-war economy.

(from Investopedia)