USA HISTORY

Detailed explanation-1: -This generation of “baby boomers” was the result of a strong postwar economy, in which Americans felt confident they would be able to support a larger number of children. Boomers also influenced the economy as a core marketing demographic for products tied to their age group, from toys to records.

Detailed explanation-2: -In 1947, another 3.8 million babies were born; 3.9 million were born in 1952; and more than 4 million were born every year from 1954 until 1964, when the boom finally tapered off. By then, there were 76.4 million “baby boomers” in the United States. They made up almost 40 percent of the nation’s population.

Detailed explanation-3: -Most historians say the baby boomer phenomenon most likely involved a combination of factors: people wanting to start the families that they put off during World War II and the Great Depression, and a sense of confidence that the coming era would be safe and prosperous.

Detailed explanation-4: -The baby boom created a larger demand for food, goods, and services. Industries looked for ways t increase production to meet the demands for a growing population and prices of limited resources rose. These also created more jobs across the country to meet the needs of the larger population.