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The term baby boom refers to a noticeable increase in the birth rate. The post-World War II population increase was described as a "boom" by various newspaper reporters, including Sylvia F. Porter in a column in the May 4, 1951, edition of the New York Post, based on the increase of 2,357,000 in the population of the U.S. from 1940 to 1950.
In Western culture the Boomerang Generation refers to the generation of young adults graduating from high school and college in the 21st century. [1] [2] [3] They are so named for the percentage of whom choose to share a home with their parents after previously living on their own—thus boomeranging back to their parents' residence.
Mannheim defined a generation (note that some have suggested that the term cohort is more correct) to distinguish social generations from the kinship (family, blood-related generations) [2] as a group of individuals of similar ages whose members have experienced a noteworthy historical event within a set period of time.
The word generate comes from the Latin generāre, meaning "to beget". [4] The word generation as a group or cohort in social science signifies the entire body of individuals born and living at about the same time, most of whom are approximately the same age and have similar ideas, problems, and attitudes (e.g., Beat Generation and Lost Generation).
Once a reliable group for Republicans, senior voters have been trending toward the left as the baby boomer generation, which came of age during the 1960s and ’70s, now comprise a majority of the ...
But for most baby boomers, the most important are the first five years, according to a YouTube video from Safeguard Wealth Management. Relative Youth and Strong Finances Mean Spending Confidence
The authors describe each turning as lasting circa 21 years. Four turnings make up a full cycle of circa 85 years, [45] which the authors term a saeculum, after the Latin word meaning both "a long human life" and "a natural century". [46] Generational change drives the cycle of turnings and determines its periodicity. As each generation ages ...
According to Bank of America's Housing Morsel, baby boomers are the main homebuyers in America. While no longer the largest generation, they do have the most wealth. In total, Bank of America ...