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Which statement best explains how the baby boom effects Social Security?

Which statement best explains how the baby boom effects Social Security?-example-1

2 Answers

3 votes
the last one Experts fear
User Jmgomez
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I believe the answer is: D. Experts fear the high number of retiring baby boomers will place a strain on the Social Security system.

Baby boomers refers to the generations that were born between 1940-1964. They were the first generation that feel the peak economic impact of industrial revolution .They have higher percentage of income left after consumption, which make them the highest contributors that pay of the social security system

User Bradley Dwyer
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