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The term baby boom refers to a noticeable increase in the birth rate. The post-World War II population increase was described as a "boom" by various newspaper reporters, including Sylvia F. Porter in a column in the May 4, 1951, edition of the New York Post, based on the increase of 2,357,000 in the population of the U.S. from 1940 to 1950.
The "relative income" theory explains the baby boom by suggesting that the late 1940s and the 1950s brought low desires to have material objects, because of the Great Depression and World War II, as well as plentiful job opportunities (being a post-war period). These two factors gave rise to a high relative income, which encouraged high fertility.
The Greatest Generation, also known as the G.I. Generation and the World War II Generation, is the demographic cohort following the Lost Generation and preceding the Silent Generation. The social generation is generally defined as people born from 1901 to 1927. [1]
The term "baby boom" is often used to refer specifically to the post–World War II (1946–1964) baby boom in the United States and Europe. In the US the number of annual births exceeded 2 per 100 women (or approximately 1% of the total population size). [22] An estimated 78.3 million Americans were born during this period. [23]
In 1946, the U.S. was a country picking up its collective pieces after a decade-long depression, followed by World War II, one of the deadliest wars in modern history.
In the aftermath of World War II, the birth rate spiked in the United States as millions of young men were discharged from the armed forces and began to establish new households. This Mid-20th century baby boom significantly increased the number of families in the United States.
Over the years, baby boomers have accumulated a lot of wealth. Indeed, ... From the end of World War II to the 1970s, many of today’s baby boomers benefitted from stable jobs and a strong ...
[2] [3] Others see this as a subset of the Baby Boom Generation, primarily its second half. [4] [5] A third view is that Generation Jones is a cusp or micro-generation between the Boomers and Xers. [6] Members of Generation Jones were children and teens during Watergate, the oil crisis, and stagflation.