1. The Economy of the Baby Boom Generation
... and strong economic optimism. It was created by a generation that was relatively small in number and thus relatively favored economically. If the economic theory that a prosperous economy produces an increased birth rate is true, then this was certainly true of the baby boom era. However, when that increased population reaches maturity, their economic and social prospects are usually decreased relative to ... ", and having children was seen as a favorable trend. This trend lasted for nineteen years (Light 40-44). This increased population caused immediate service needs. The immediate res...
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