Final answer:
Baby Boomers were born between 1946 and 1964 and are known for their significant impact on society, especially as they age. They have introduced new standards for different life stages and have stimulated the creation of products and services geared towards older adults. Their increasing demand for healthcare underscores their effect on economy and policy.
Step-by-step explanation:
The correct answer to the student's question is E) were born between 1946 and 1965. The term Baby Boomers refers to the generation born post-World War II during a period marked by a significant increase in birth rates, which took place between the years 1946 and 1964. This generation is characterized by its significant impact on society and the economy.
As Baby Boomers have aged, they redefined societal norms for what it means to be young, middle-aged, and elderly. Historical records show that they grew up during a time of economic prosperity and were the first generation to enjoy a unique level of spending and marketing power. Now, as they enter retirement age, they continue to reshape perceptions of aging and have influenced a broad range of products and services designed to help cope with the challenges of getting older.
As the Baby Boomer generation ages, they face common healthcare issues that increase the demand for healthcare services. The significant size of this cohort means their impact on fields such as healthcare, social security, and eventually the labor market, continues to be a hot topic for discussion and policy planning.