Final answer:
Option (2) Baby Busters are the generation born between 1965 and 1977, directly following the Baby Boomers who were born between 1946 and 1964.
Step-by-step explanation:
Baby Busters refers to the generation born after the Baby Boomers, a generation marked by a decline in birth rates. The Baby Boomer generation, consisting of individuals born between 1946 and 1964, experienced an unprecedented population explosion due to factors such as the return of military personnel after World War II, the widespread desire among young Americans to start families, economic security, and an overall optimism about the future.
Consequently, the term Baby Busters generally applies to the generation that followed, born between 1965 and 1977, as birth rates began to decline after the Baby Boom. Therefore, option 3) 1965-1977 is the correct time period associated with the Baby Busters.