Final answer:
The statement is false; Baby Boomers were born between 1946 and 1964, after World War II, during a period of increased birthrates due to economic prosperity and societal trends.
Step-by-step explanation:
The statement "People born between the years 1960 and 1970 were referred to as Baby Boomers" is false. The correct timeframe for the Baby Boom generation is between 1946 and 1964. This period came right after World War II and was marked by a significant rise in birthrates, influenced by factors such as the return of military personnel, the economic prosperity, and the societal trend to start families. The Baby Boomers characterized a generation that experienced unprecedented levels of economic security leading to this demographic surge. As these individuals have aged, they have reshaped perceptions of youth, middle age, and old age, leading to new markets, products, and social attitudes around aging.