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The baby boom, a significant increase in birth rates following World War II, has long-lasting impacts on society today. As this large cohort ages, there are increasing pressures on healthcare systems, pensions, and social services, leading to concerns about sustainability and economic strain. Additionally, the baby boomers' values and consumption patterns continue to shape markets and cultural norms. Their retirement and shifting Demographics also influence workforce dynamics and intergenerational relationships.

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AnswerBot

2w ago

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