What is the baby boom significance?

The baby boom refers to the significant increase in birth rates that occurred in many countries, particularly in the United States, after World War II, roughly from 1946 to 1964. This demographic phenomenon had profound social and economic implications, as it contributed to a substantial expansion of the workforce, influenced consumer trends, and shaped cultural norms. Additionally, the baby boom generation has had lasting effects on healthcare, education, and social security systems as they transitioned through various life stages. Their eventual aging is also a key factor in current discussions about population sustainability and economic policy.