Demographics: Baby Boom/Generaton X
North Americans born between 1945 and 1963 are all referred to as the Baby Boomers. During this time period or 75 million babies were born in the U.S alone. After WWII the birth rate in North America was on the rise. Growing Families created growing and expanding markets for new housing, automobiles as well as many other products such as toys, food and of course the wonderous television. Baby Boomers were the first generation in history to be raised in front of the television. The drastic increase in population completely changed the social and economic make-up of North America within a span of about eighteen years. But in the late seventies things began to change. Generation X accounts for those born between 1964 and 1981, these are the sons and daughters of the Boomers and after the social revolution of the sixties fewer and fewer adults were willing to start families of their own. This led to the Baby Bust of the seventies. Some Xers are worried that slow growth and the aging Boomers will greatly once again reshape the population and economy in a negative way. However this is not necessarily a reasonable assumption for the future, Generation X should not simply aid their worries but instead review
In DC the number of abortions actually equalled the amount of live births in 1976. Abortion and birth control were obviously part of the reason for the baby bust. In 1976 a study showed that for every one thousand live births in New York City there were six hundred and seventy-six abortions. For the aging Baby Boom Generation the size of what the will collect depends on the wealth its members have accumulated with their pension claims, public policies and also how much the economy grew during their working years. Their income is thirty-five to fifty-three percent higher than their parents' generation. Children were demanding, needy and weren't easy to fit into busy schedules, especially if both parents worked which was at the time also becoming more and more popular. The wage stagnation which began in the mid 1970s particularly affected the younger Baby Boomers especially those without high school diplomas and for many Boomers who have not graduated, they will experience incomes which are about twelve percent lower than the incomes of people who were similarly educated in their parents' generation. That demand, mainly from those with less education and work skills, may suggest that current employment and training programs should make necessary and essential amendments to fit the needs of the now aging participants and also to accommodate the growing need. But the size of the real economy, not demography, that matters most. By 2005 about workers forty-five and older will represent about thirty-seven percent of the labour force. Women in the seventies wanted smell families and often no children at all. In 1995, there were workers age forty-five and older representing about thirty-five percent of the labour force. " Many adopted this theory and other variations of it, reassuring young adults that it is possible to be a good parent as well as posses one's own individual and personal identity. Much of the increase will occur in the fifty to sixty year old category.
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Acceptance Essays
