The Baby Boom generation refers to the demographic group of people born between 1946 and 1964, following World War II. This term is used to describe the significant increase in births during this period.
Related terms
Population Pyramid: A graphical representation that shows the distribution of age groups within a population. It helps us understand the size and structure of different generations.
Dependency Ratio: The ratio between the economically dependent population (such as children and elderly) and the working-age population. In the case of the Baby Boom generation, there was a high dependency ratio due to a large number of young children at one point.
Social Security: A government program designed to provide financial support to retired or disabled individuals. The retirement of the Baby Boomers has put pressure on social security systems around the world.