Baby Boomers, the Driving Force

40. How do you suppose the demographics of an aging population of “Baby Boomers” in the United States will affect the demand for milk? Justify your answer.

There are ways that baby boomers are a great asset to the health world. In the health care industry, the average 70-year-old takes about three times more medication than the typical 40-year-old. By the time they are done, 78 million baby boomers will have outlived millions of hip replacements and heart transplants, swallowed tons of Advil and Viagra, and consumed billions of boxes of brand. Which cause for a whole lot of health care spending. Baby boomers are also great when it comes to the traveling industry. In their younger days, boomers were extremely adventurous. Thanks to the baby boomers who in the 1960s and '70s made random student trips to Europe and also to single resort scene to the apotheosis in the 1970s. Especially the posh room

Baby Boomers have been one of the most powerful forces in shaping the economic environment and are the wealthiest generation in the United States (Kotler and Armstrong, 2015). “In their early years, “Leading Edge” Boomers enjoyed economic prosperity, and their resulting financial power in their prime years drove rising trends in everything. However, the recessionary years of the early 1970’s also added cautionary realities to their youthful consumption and employment dreams” (“America’s Oldest Boomers”, n.d.). Baby boomers control approximately 70% of the disposable income in the United States, therefore, they are known as being one of the most influential financial forces in the marketplace (“Baby Boomers Report”, 2015). As they reach their

Work centered, independent, goal-oriented, and competitive, these are just a few characteristics of Baby Boomers (cite). While it is often times easy to lump a group of people into one category and assume similarities, it is important to recognize that differences within each generation do exist. Not only are the differences important from a general standpoint, but they also play a role in consumption behavior. By analyzing two individuals from the Baby Boomer generation, those born between 1946 and 1964, a clearer understanding of these differences and similarities can be obtained (cite).

The Baby Boomers are a globally recognized cohort of individuals who were born post World War II, between 1943 and 1960 (Salahuddin, 2011). This shockwave of births resulted in the second highest births per year with 1.5 million more births than had been expected (Salahuddin, 2011). 60 years later, the boomers are in the midst of their transition towards retirement from their careers and this trend will result in nearly the largest wave of retirement that our continent has experienced. The implications of this wave have been expected and planned for, but until the consequences are realized in the 21st century economy, there is little that can be done to prepare for this

The Boomers conveyed an end to consistency and rather push reasonableness and the origination of the benefit of all in light of the study by Knouse, Stephen B. (2011). As per Knouse, Stephen B. (2011) likewise say that the Boomers are good to go, positive and unfeasible were it is frequently alluded to as the "Era," the Boomers experienced childhood in a post-war time where innovation was on the ascent alongside openings for work. Unemployment is shockingly low and Boomers started to see the world as a position of limitless open doors. This prompted examining their Traditionalist guardian's beliefs and intentions and testing the present state of affairs Bassett, Barbara

As children become older, they start learning more and more about today's society - and how wrong it is. They learn about feminism, gender identities, politics, to name some things. The problem is that for the most part, the generations before us are the cause for problems, and those generations of course include our parents and teachers. When confronted about it, adults do not know how to be mature and lash out. They try to enact their authority by saying we should respect our elders, when they do not respect us. Respect needs to be earned, so of course it can be lost as well, which is what may happen to those older than us. Especially those so called "baby-boomers" often do not know that is is much harder for us than it was for them. A good

Throughout the nineteenth and twentieth centuries, the world population grew at an accelerated pace, especially between 1800 and 1914, a demographic increase due in part to the wave of immigration. One of those were African Americans that were coming to America to find more jobs and a better life, which causes a big rise between urban and rural population as well as cultural differences and religious issues.

Dallett, L. (2014, January 21). Hard-Charging Baby Boomers May Never Leave Their Jobs. Retrieved May 06, 2017, from

We’ve all heard of the Baby Boomer Generation, known for pushing the boundaries to receive more equality and personal freedoms by expressing non-traditional values compared to prior generations, but who is Generation Now? Generation Now is the title I have chosen to describe my generation, not because we are a more current generation but because of our “have to have it right now” characteristics.

The population in the United States is aging at an unprecedented pace. For the first time in history, seventy percent of everyone who has ever lived is alive today (Isidro, 2009). The aging population and their imminent retirement will place an even greater strain on the country’s financial resources. The baby boomers; people born between 1946 and 1964 have influenced our economy by their sheer number. As this age group matures and enters their retirement years, an economic shift is inevitable.

5. This increase came from a birth rate increase, but also immigration into the United States. The Irish and the Germans accounted for most of the immigration.

The baby boomer generation wasn’t very lucky with how their hopes for retirement would be ruined. The baby boomer generation thought they would have enough economic resources when they reached retirement, and they thought if they did work in retirement, it wouldn’t be because they had to. This is not the case for the baby boomers due to global economic downturn and the recession. Instead, they are more likely to put off retirement got financial reasons. “In a 2011 survey, 25 percent of the respondents said they will need to work until at least age 80 because they will not have enough money to retire comfortably.” (Hooyman, Kawamoto, Kiyak. Aging Matters: An Introduction to Social Gerontology) Another reason this cohort does not have

The baby boomer generation is getting older, according to most statistics the people born between 1946-1965 are considered baby boomers. These feisty adults are now in their 50’s to 70’s and learned about sex from the old fashion way. Many grew up on the farm learning from watching animals, or some may have learned from war time experiences. Most have been in long relationships with the same sex partner for many year, these partners may now be becoming either unable to have sex or dying. When a person comes back on the market from being in a long relationship, they may have forgot a lot about the dangers of sexually encounters.

At work, they are supposed to show stability and regularity, seek out technological advancements, be past-oriented, display command-and-control leadership significant of military operations, and prefer hierarchical managerial structures. They are likely to continue to view straight structures in a hierarchical way. They are also likely to be steady, detail oriented, thorough, loyal, and hardworking, although they may be inept with uncertainty and change, unwilling to buck the system, uncomfortable with clash, and reserved when they disagree. The Baby Boom Generation Most sources recognize Baby Boomers as people born between 1943 and 1965. The U.S. Census Bureau defines Baby Boomers as persons born between 1946 and 1964. The Baby Boom age group has also been referred to as the “pig-in-the-python”. This age group is referred to as the Baby Boom, because of the extra seventeen million babies born during that period relation to previous census figures. It has had the largest impact on American society due to its size — roughly 78 million- and the period during which it came of