Question

Baby Boomers are an example of what type of trend?

Answer 1

As a demographic trend, Baby Boomers represent a significant cohort that is reshaping the social and economic landscape as they reach retirement age, driving demand for healthcare and impacting social institutions.

Step-by-step explanation:

Baby Boomers are an example of a demographic trend. This refers to the cohort born between 1946 and 1964, which is currently influencing a significant demographic shift in the United States due to their large numbers reaching retirement age. As the Baby Boomers age, they are redefining what it means to be older, often opting for products and lifestyles that help them maintain a sense of youth and vitality. This shift has also led to an increased demand for healthcare services and has implications for social institutions and financial stability due to aging populations.

Furthermore, Baby Boomers have been referred to as the "Me Generation" due to their significant marketing power and influence on consumerism as they progressed through different stages of life. Their impact is evident in the shifting focus of healthcare to accommodate common conditions such as heart disease, arthritis, and Alzheimer's, which may require extensive medical care. Additionally, changes in legislation like the Affordable Care Act can also affect the healthcare industry based on this demographic's needs.

Answer 2

If you talk about trend, baby boomers are those who just age and retire. They do best to remain active and stay fit. They are very independent and are all prone to go into business for themselves. They are now very much in demand in society.