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Question
how are baby boomers affecting society and business?
the high earnings of baby boomers have lessened the need for social service programs funded by the government.
their large numbers have made them a lucrative target for businesses, which are adjusting their strategies to increase their sales to people in this generation.
they are the least wealthy generation of americans.
the relatively small number of people in the baby boomer generation translates into a smaller market for goods and services.
i dont know yet
To determine the correct answer, we analyze each option:
- Option 1: Baby boomers' high earnings don't necessarily lessen government - funded social service programs as they may still need services (e.g., healthcare in old age).
- Option 2: Baby boomers are a large generation. Businesses recognize this large consumer group and adjust strategies to target them, which is a valid impact on business and society.
- Option 3: Baby boomers are generally not the least wealthy generation; they have had time to accumulate wealth.
- Option 4: Baby boomers are a large generation, not a small one, so this statement is incorrect.
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B. Their large numbers have made them a lucrative target for businesses, which are adjusting their strategies to increase their sales to people in this generation.